Adveq, a Zurich, Switzerland-based asset manager investing in private equity globally, held the final closing of two of its funds, Adveq Specialized Investments and Adveq Europe Co-Investments, at €323m and €102m, respectively.
Both Adveq Specialized Investments and Adveq Europe Co-Investments held their final closings in January 2016, receiving support from investors around the world, including pension funds, insurance companies and family offices.
– Adveq Specialized Investments targets private equity investments globally that benefit from positive exposure to long-term fundamental trends (aka megatrends) and that have specific characteristics which provide them with a high level of robustness. The fund focuses on building, growing and transforming portfolio companies through a mix of specialized strategies, including specialized buyout strategies, turnaround, growth capital and venture capital.
– Adveq Europe Co-Investments aims to build a portfolio of co-investments, mainly with European small buyout opportunities, alongside a select group of specialized fund managers including buyout groups, turnaround fund managers and industry/strategy specialists. The fund targets small buyout companies having a strong market position and significant value creation potential through both revenue growth and business transformation.
Founded in 1997 and led by Sven Lidén, Chief Executive Officer, Adveq is an asset manager investing in private equity globally allowing clients to get access to select private market segments through primary, secondary and co-investments.
The firm has offices in Zurich, Frankfurt, London, Jersey, New York, Beijing, Shanghai and Hong Kong.