ACG Private Equity, private equity funds of funds in Europe, has just launched its 5th fund, ACG Europe V. The fund will target qualified investors in Europe, the Middle East, and North America.
This new investment vehicle, targeting 250 million of size, will follow ACG Private Equitys investment strategy implemented successfully over the past 11 years:
– Growth Capital and Small to Mid-market Buyout funds, a particularly resilient market segment, with excellent opportunities for the funds involved to buy quality businesses at an attractive valuation;
– Special Situations funds, with currently abundant opportunities to acquire high-quality assets in difficult or distressed situations or following forced sales generated by the current economic slowdown.
-ACG Europe V will invest in Western and in Central and Eastern Europe, a region which will continue to offer interesting investment opportunities driven by higher GDP growth and a low penetration of the private equity industry, despite the current economic downturn in a number of countries.
Our international team and network allow us to select the most performing teams and funds across Europe,” says Wladimir Mollof, president of ACG Private Equity.
“Despite the financial crisis, our first contacts with international investors are very positive and confirm that private equity is an asset class in demand and prove the right timing of our fundraising. Indeed, experience proves that recession years always result in excellent performance vintages.”
L.D.