Waterland Private Equity Investments B.V. recently held the final close of its fifth institutional fund at €1.1bn.
Limited partners of Waterland Private Equity Fund V, which surpassed its initial target of €900m, include existing and new investors from the United States (39% of the fund), Europe (36%) and Asia Pacific (25%). For the majority, the investor base is comprised of pension plans and sovereign wealth funds.
WPEF V will focus on making control investments in quality companies in fragmented growth markets in the Benelux, Germany, Austria and Switzerland (DACH region) and Poland to finance organic and acquisitive growth.
Led by Chairman Robert Thielen, Waterland has made investments in over 200 companies to date.