August Equity LLP (“August”), a UK private equity firm focused on the lower mid-market, is delighted to announce the final close of Fund VI at an increased hard cap of £350 million. This is the biggest fund in the firm’s history and marks an important milestone for the manager.
Fund VI has attracted a strong and diverse group of investors from around the world. This includes US endowments, Asian pension funds, and top European groups from the Nordics, the UK, Continental Europe, and Southern Europe. Strong support from long term investors and new partners helped the firm go beyond its initial target.
Fund VI will follow August’s proven investment approach for sourcing primary deals and partnering with ambitious management teams to grow exceptional businesses in specific sectors that compliment current investments in technology, compliance, education, and healthcare.
The firm thanks all their advisers for their support and commitment during the process.
For more information about August and its investment strategy, please visit www.augustequity.com.
Fundraising lead: Daniel Venn, Partner at August Equity
Placement Agent: Athos Partners
Legal Counsel: Macfarlanes LLP