Adelis Equity Partners has raised $595 million to date for its Adelis Equity Partners Fund II, per a SEC filing. The Stockholm-headquartered firm has set a $639.5 million target and began fundraising in 2017. The SEC filing did not disclose whether the capital raise constituted a final or interim close.
Its previous fund raised €420 million in 2013.
The fund will target buyout opportunities in a diverse number of sectors in Europe.