• Picus Capital closed a €150 million preferred equity financing provided by Carlyle AlpInvest, a leading global private markets manager
• The transaction strengthens Picus’ balance sheet and provides capital to support new investments and its portfolio of nearly 200 companies, including Personio and Enpal
• Founded in 2015, Picus has evolved into a global venture capital platform with a long-term, multi-stage investment strategy from early stage to IPO and beyond
• Picus recently closed Picus Venture Fund II at its €250 million hard cap, more than doubling the size of its predecessor fund
• The partnership with Carlyle AlpInvest marks a transformational milestone, enhancing Picus’ ability to scale and institutionalize its investment platform
• Raphael Mukomilow, Partner and Head of Growth Investments at Picus Capital, emphasized that the transaction provides flexible capital to support portfolio growth and marks the start of a long-term strategic partnership
• Robin Godenrath, Managing Partner & Founder at Picus Capital, highlighted that the partnership strengthens Picus’ ability to back visionary founders, scale portfolio companies, and pursue new innovation leaders while maintaining strong risk-adjusted returns
• Michael Hacker, Global Head of Portfolio Finance at Carlyle AlpInvest, noted that Picus’ diversified portfolio and strong performance made the partnership attractive, and Carlyle AlpInvest is committed to supporting Picus’ next phase of growth
• PJT Park Hill acted as exclusive financial adviser, with Simpson Thacher & Bartlett LLP and POELLATH advising Picus, and Kirkland & Ellis advising Carlyle AlpInvest
