– Park Square Capital (“Park Square”), a leading independent private credit investor, announces the final close of Park Square Capital Partners V (“PSCP V”) with over €2.4bn of LP commitments, surpassing the initial €1.75bn target and setting a record for the strategy.
– Including leverage and committed co-investment capital, PSCP V’s total investable capital is approximately €4bn, significantly higher than Park Square
Capital Partners IV (€2.2bn total capital, €1.5bn LP commitments, closed May 2021).
– PSCP V is the fifth vintage of Park Square’s junior capital strategy, strengthening its market position in Europe and growing presence in North
America, led by Partners Ruediger Blank and Martino Ghezzi.
– The Fund follows the strategy of previous funds, targeting primary capital solutions and dislocated debt, aiming for attractive risk-adjusted returns across the credit cycle.
– PSCP V supports market-leading, stable businesses in Europe and North America, focusing on partnerships with private equity sponsors.
– The Fund plans 30 to 40 investments across Business Services, Software, Healthcare, and high-margin Industrial companies, with 20 investments already made.
– Park Square has invested over $29bn of capital in more than 20 years, maintaining a highly selective asset approach.
– PSCP V attracted a diverse global investor base, including pension funds, insurance companies, sovereign wealth funds, and other institutional investors from Europe, North America, and Asia.
– The Fund admitted several new Limited Partners, including leading global institutional investors, validating Park Square’s strategy, track record, and market leadership.
– Robin Doumar, Managing Partner, highlighted the fund’s success, investor confidence, and the ability to support private equity sponsors with tailored financing solutions throughout the credit cycle.
