ACE & Company raises $100m

The Switzerland-based firm held a first closing of its fourth co-investment fund.

  • Fund name: ACE Buyout IV
  • Target size: $200 million
  • Amount raised: $100 million
  • Stage of fundraising: First close
  • First close date: April 2020

ACE & Company has held a first closing of ACE Buyout IV at $100 million, which is half of the $200 million the firm expects to raise in total for the vehicle. Capital raised by Fund IV will be used to in diversified sectors throughout North America and Europe.

The firm also announced the final closing of ACE Secondary Investments V, which had a target of $30 million.