Fund name: CBPE Capital Fund X
Amount raised: £561 million
Target size: £525 million
Hard-cap: £561 million
Stage of fundraising: Final Close
Predecessor Fund: CBPE Capital Fund IX
Placement Agent: Rede Partners
CBPE Capital has held a final close for CBPE Capital Fund X at its hard-cap of £561 million, according to a recent press release. The fund will invest in UK head-quartered businesses in lower mid-market buyout sector.
The firm’s predecessor, CBPE Capital Fund IX, launched in April 2015 and closed in August 2016 at £459 million, exceeding its £425 million target.