Adveq gathers €462m

The leading asset manager continues to target European small-buyouts.

Adveq Europe VI has held a final close on €462 million, surpassing its initial target of €350 million. The fund invests in primary, secondary and co-investment opportunities in Europe, with a focus on the small-buyout market.

Investors in the fundraise included pension funds, endowments and insurance companies.

The fifth fund in the series, Adveq Europe V, held a final close on €316 million in October 2013.