– FCDE, a French private equity firm specializing in the development and transformation of SMEs and mid-cap companies with strong growth potential, announced the first and final closing of its third buyout fund, FCDE Fund III.
– The fund was oversubscribed at its €400 million hard cap.
– FCDE Fund III represents a 45% increase in size compared to FCDE Fund II, which closed in 2023 at €277 million.
– The fundraising was completed in just over six months despite a challenging and competitive environment.
– FCDE maintains its strategy of creating value by supporting French SMEs and mid-cap companies with solid fundamentals and transformation potential.
– The fund received strong backing from both existing and new blue-chip institutional investors, domestically and internationally.
– CEO Benoît Sellam stated that the success of FCDE III reaffirms LPs’ trust in FCDE’s investment approach and demonstrates its ability to deliver attractive opportunities, drive value through active management, and achieve strong results across market cycles.
– The fund was oversubscribed at its €400 million hard cap.
– FCDE Fund III represents a 45% increase in size compared to FCDE Fund II, which closed in 2023 at €277 million.
– The fundraising was completed in just over six months despite a challenging and competitive environment.
– FCDE maintains its strategy of creating value by supporting French SMEs and mid-cap companies with solid fundamentals and transformation potential.
– The fund received strong backing from both existing and new blue-chip institutional investors, domestically and internationally.
– CEO Benoît Sellam stated that the success of FCDE III reaffirms LPs’ trust in FCDE’s investment approach and demonstrates its ability to deliver attractive opportunities, drive value through active management, and achieve strong results across market cycles.