BGH Capital raises $2.62bn

The Melbourne-based private equity firm has closed its second fund.

Fund: BGH Capital II
Amount raised: A$3.6 billion
Target size: A$3 billion
Stage of fundraising: Final close
Final close date: February 2022
Time on the road: Three months
Predecessor fund: BGH Capital Fund I (A$2.6 billion)

BGH Capital has announced the final close of BGH Capital II on A$3.6 billion ($2.62 billion; €2.34 billion), exceeding its A$3 billion target. The fund will target mid-market investments in Australia and New Zealand.