August Equity closes its fifth fund

• 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.