Inflexion Enterprise Fund VI was raised in less than five months and follows its £400m predecessor fund
European mid-market private equity firm Inflexion has closed its latest fund at its hard cap of £975 million.
Inflexion Enterprise Fund VI was raised in less than five months and follows its £400m predecessor fund. Focused on the lower mid-market, the fund will be used to back high-growth, entrepreneurial businesses with ambitious management teams.
It will typically invest in businesses valued up to £150m, Inflexion says, taking both majority and minority stakes across its core sectors of business services, technology, healthcare, industrial, consumer and financial services.
Enterprise Fund VI was raised almost exclusively from Inflexion’s existing investor base of blue-chip institutions from across US, Europe, Asia and the Middle East, with investors on average more than doubling their commitment.
“We would like to thank our long-standing investors for their continued support. This strong commitment is a validation of our ongoing focus on the lower mid-market and strong track record of backing mid-market companies to accelerate growth,” said Simon Turner, managing partner at Inflexion.