– Claret Capital Partners (“Claret”), Europe’s largest independent growth debt fund manager, announced the second close of Fund IV with total commitments over €350 million.
– Total assets under management now exceed $1 billion.
– Claret has deployed over €1.2 billion to more than 190 companies since inception.
– Fund IV focuses on technology, life sciences, and climate tech.
– Since March 2025, 12 new companies have been added to Fund IV’s portfolio, including Fund Recs, Mindler, Montonio, PRODA, SIDES, ValueBlue, and Yseop.
– Fund IV commitments include Banca March, a major Canadian pension fund, a German foundation, British Business Bank, the European Investment Fund (EIF), ISIF National Treasury Management Agency, KfW Capital, and WMS Wachstumsfonds Mittelstand Sachsen.
– Wachstumsfonds Deutschland is one of the biggest VC fund of funds in Europe, launched on the platform of Universal Investment.
– Over €115 million of discretionary co-investment partnerships have been documented by certain Fund IV LPs.
– These co-investments add to the Fund IV commitments and provide more firepower for larger opportunities.
– A final close is expected in 2026.
– David Bateman, Managing Partner, thanked LPs, co-investors, and portfolio companies for their collaboration and trust.
– Johan Kampe, Managing Partner, highlighted surpassing Fund III, a strong pipeline, and sustained demand from entrepreneurs and equity investors.
– Riccardo Zorzetto of IQ-EQ Luxembourg praised the long-term partnership with Claret, dating back to 2020.
– ignacio montero ezpondaburu of Banca March underlined the ELTIF initiative, enabling clients to co-invest in European growth companies across technology, life sciences, and climate tech.
– The European Investment Fund confirmed a commitment to Fund IV under the InvestEU programme, providing tailored financing for European SMEs.