– Strategic Fund 2 (SF2) closed with c. €2.3bn in committed capital, exceeding its target by c. 50%.
– SF2 is c. 75% larger than its predecessor, the Strategic Financials Fund (SFF).
– SF2 targets the European mid-market, focusing on control positions in high-growth, asset-light businesses.
– Target sectors include Financial Services, Business Services and TMT, across Cinven’s key European markets.
– The strategy leverages Cinven’s Sector-Regional matrix, combining sector expertise with local European networks.
– The fundraise attracted support from both existing and new global investors, highlighting continued LP confidence in Cinven’s European strategy.
– Cinven said SF2’s four investments are performing on or ahead of plan, with strong momentum in deployment.
– Bruno Schick and Jorge Quemada Saenz-Badillos said the larger fund allows Cinven to capitalize on the attractive European mid-market opportunity
– Luigi Sbrozzi and Dr. Michael Weber highlighted the strong pace and quality of deployment, with all four investments performing on or ahead of plan
