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Fortino Capital Partners raises €125 million

The Belgian investment firm holds first close on growth fund targeting €200 million.

Belgium-based Fortino Capital Partners held a first close on their second growth fund at €125 million, according to the firm’s press release.

Fortino Capital II Growth, which has a target size of €200 million, will invest in European technology scale-up and growth companies in bitesizes of €5 million to €25 million, with a particular focus on Benelux firms.

Limited partners in this fund include Belfius, BNP Paribas Fortis and PMV.

The firm’s debut vehicle closed at €80 million.