– Pictet Group raised €403m for its first direct private equity fund, Pictet Private Equity Entrepreneur Capital I
– The investor base includes foundations, pension funds, institutional family offices, and entrepreneurs
– The strategy focuses on lower mid-market, founder- and family-owned businesses in the DACH region and the UK
– Thematic focus on B2B Services and Education sectors with long-term growth potential
– Value creation strategy includes technology transformation, enhanced go-to-market capabilities, organic growth, and buy-and-build expansion
– The fund has already completed five investments, including:
Pareto FM, Technology Services Group (TSG), QGroup, Tretor
– Marks a strategic milestone as Pictet’s first direct private equity initiative
– Led by Edmund Buckley, Head of Direct Private Equity at Pictet Alternative Advisors
– Strategy emphasizes close partnerships with founders, families, and management teams to drive transformation and growth
– Edmund Buckley, said: “The successful closing of our first fund marks an important milestone for direct private equity at Pictet. We’ve seen how our approach – thematic sector based deal origination coupled with partnering closely with founders, families, and management teams – can help strong companies embrace transformation and accelerate growth.”