Akina closes on €410m

Akina’s latest flagship fund continues to target the mid and lower end of the European market.

Euro Choice VI has held a final close on €410 million, beating its initial target of €300 million. Akina’s sixth flagship vehicle will continue the firm’s strategy of investing in small to mid-sized European companies, as well as making secondaries investments in buyout, growth capital and special situations funds.

New and existing investors contributed to the fund.

Euro Choice V amassed $372 million at final close in March 2014. IMI Common Investment Fund was among the investors in this vehicle.