August Equity closes its fifth fund

The fund was heavily oversubscribed.

 

  • Fund name: August Equity Partners V
  • Amount raised: £300 million
  • Stage of fundraising: Final close
  • Final close date: 31 January 2020
  • Predecessor fund: August Equity Partners IV (£223.5m)
  • Number of investors: 19

August Equity closed its fifth buyout vehicle at £300 million in January 2020. The fund was heavily oversubscribed, with more than 40 percent of new capital raised coming from US pension funds. In total, US investors committed $170.5 million according to an SEC filing. August Equity did not use a placement agent for this fundraise.