Pan-European private capital investment firm Metric Capital Partners has closed its fifth fund, MCP V, at €1bn (£840m).
The fund has attracted commitments from institutional investors ranging from sovereign wealth funds to corporate state pension plans and family offices across North America, Europe, the Middle East and Asia.
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The successful close follows an active 18-month period during which the firm achieved four exits, with its third and fourth funds generating high returns and proceeds to LPs of over €500m.
Metric provides capital solutions to companies seeking alternatives to traditional debt or equity financing, and has so far invested in 46 companies across a wide range of sectors and geographies.
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“We are excited to announce the closing of our fifth fund at our target size and are grateful for the continued commitment and support shown by our investors”, said John Sinik, founder and managing partner of Metric Capital Partners.
“We see exciting opportunities ahead for Metric as we continue achieving target returns through our disciplined investment approach.”
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