Fund name: Waterland Private Equity Fund VIII
Amount raised: €2.5 billion
Hard-cap: €2.5 billion
Stage of fundraising: Final close
Final close date: December 2020
Time on the road: Three months
Predecessor fund: Waterland Private Equity Fund VII (€1.2 billion)
Legal advisor: Kirkland & Ellis International LLP and De Brauw Blackstone Westbroek N.V.
Placement agent: MVision Private Equity Advisers
Waterland Private Equity Investments has raised €2.5 billion for Waterland Private Equity Fund VIII, according to a recent press release by the firm. The fund closed on its hard-cap after three months of fundraising.
The fund will invest in medium-sized companies based in Europe, such as in France and DACH. Waterland Private Equity Fund VII, the fund’s predecessor, closed in August 2017 and raised €2.06 billion.