STOCKHOLM, June 27, 2024 /PRNewswire/ -- With the closing
of Fund II, KLAR has raised €1.5 billion since
inception.
KLAR Partners Ltd ("KLAR" or the "Firm") is pleased to announce
the final close of KLAR Partners II ("Fund II"), which has secured
total capital commitments of €870 million. The 40% increase in fund
size over KLAR's prior fund underscores the strong confidence and
support received from both existing and new investors.
"We are grateful with the support shown by our investment
partners who have chosen to put their trust in us, especially in
this turbulent fundraising market. We are very pleased with the
positive development of our Fund I portfolio and we look forward to
replicating this with Fund II. We believe we are well positioned to
take advantage of the current market environment and execute on our
strong pipeline of opportunities." commented Carl Johan Falkenberg of KLAR.
Fund II will follow the same investment strategy as KLAR's first
fund. The Firm will continue to make control investments of
€75-200m+ in mid-market mission-critical services and industrial
technology businesses, primarily across the Nordic, DACH and
Benelux regions. There will be a continued focus on implementing
KLAR's transformational investing approach through growth,
operational improvement and buy & build strategies. The Firm
has a strong focus on talent management and believes in close and
transparent partnerships with management teams based on KLAR's
values of Clarity, Community, Curiosity and Courage.
Evercore Private Funds Group served as the exclusive global
placement agent and Kirkland & Ellis as legal counsel for Fund
II.
For more information:
Carl Johan Falkenberg
cj@klarpartners.com
+46 73 369 9579
Michael Furth
mf@klarpartners.com
+44 7469 256 550
This information was brought to you by Cision
http://news.cision.com
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