IK Partners closes Fund X at €3.3bn

IK Partners closes largest ever fund at €3.3bn

London-based private equity firm IK Partners has closed its tenth mid-cap fund, Fund X, having reached its hard cap of €3.3bn, making it the largest fund the firm has raised to date. IK’s previous mid-cap fund, IK IX, raised €2.85bn in 2020. According to the firm, the new fund attracted significant interest from institutional investors

IK Partners closes Fund X at €3.3bn

European private equity firm IK Partners has successfully closed its tenth midcap fund, IK X Fund, at its $3.3bn hard cap, marking the firm’s largest fundraise to date. Building on the momentum of its predecessor, IK IX Fund, which secured €2.8bn in 2020, IK X attracted strong demand from a high-calibre institutional investor base. Allocations were diversified across EMEA (64%), Asia (20%), and the Americas (16%), with a record level of capital …

IK Partners raises €3.3bn for its biggest fund yet

European private equity investor IK Partners has picked up €3.3bn for its biggest fundraise yet, outdoing the €2.85bn it collected for Fund IX in 2020. The post IK Partners raises €3.3bn for its biggest fund yet appeared first on AltAssets Private Equity News.