Golding raises €364m, eyes H2 for follow-up fund

The German private equity firm's latest buyout fund has allocations towards primaries, secondaries and co-investments.

Golding Capital Partners has raised €364 million for its latest buyout fund and is set to come back within months.

Golding Buyout 2015 will target small- and mid-cap buyout transactions in Europe and North America and similar secondaries opportunities, according to a statement from the Munich-headquartered firm.

Around 80 percent of commitments for Golding Buyout 2015 came from existing investors, including insurance companies, pension funds, banks and foundations, the statement noted.

Successor fund Golding Buyout 2018 is set to start fundraising in the second half of 2018.

“Our choice of primaries, secondaries and co-investments in the buyout market is highly selective,” founder and managing partner Jeremy Golding said in the statement. “Our longstanding, stable relationships with managers in Europe and the US ensure that we also have access to many access-restricted funds,” he added.

Golding Capital has raised an array of mezzanine, private equity fund of funds, and infrastructure vehicles since inception in the year 2000.

The firm told sister publication Secondaries Investor in June 2016 that it was considering a €250 million-€300 million dedicated secondaries fund to invest in complex deals. It is understood that fund is yet to launch.

Golding Capital has €7.4 billion in assets under management and employs more than 80 professionals in New York, Tokyo and Luxembourg, in addition to its German headquarters.