Adelis Equity Partners raises $595m

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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.