Keensight Capital raises €1bn

The Paris-based European growth buyout firm has closed its latest fund at hard-cap.

Keensight Capital has announced a first and final closing of Keensight V at its €1 billion hard-cap. The oversubscribed fund had an original target size of €750 million. Keensight’s fifth growth buyout fund targets Western European businesses with revenues between €15 million and €250 million.

The vehicle’s investor base comprises asset managers, pension funds, insurance companies, banks, sovereign wealth funds, former portfolio company CEOs and family offices.

Keensight Capital IV held a final close in October 2014 at €450 million.