AnaCap

AnaCap hits hard cap on third Credit fund with €595 million

AnaCap Credit Opportunities III was increased from an initial capacity of €550 million to cater for additional demand, although remained oversubscribed

Please find attached confirmation that AnaCap Financial Partners (“AnaCap”) is pleased to announce it has reached a final close on its third Credit Opportunities fund, raising a total of €595 million. AnaCap Credit Opportunities III, L.P. (“the Fund”) was oversubscribed at its newly increased hard cap, following extremely strong interest from existing and new investors, and is approximately 30% larger than its predecessor vehicle.

Combined with the firm’s latest private equity fund, AnaCap Financial Partners III, L.P., AnaCap has now closed funds totaling nearly €1.5 billion in 2016.

Amber Hilkene, Partner at AnaCap, commented:
“We are pleased to have completed such a successful fundraising for our latest Credit Opportunities vehicle. We are fortunate to have received extremely strong support from both existing and new investors, which underlines their belief in our investment strategy and in our continuing development as Europe’s leading financial services specialist investor. The Fund will benefit from our extensive experience and deep internal expertise from investing in not only financial assets but also regulated lending and servicing companies, as well as the enormous network of relationships we have built over the past decade throughout the European financial services sector”.

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