Global investment firm Marlin Equity Partners closes its latest fund, at €325m.
Marlin Heritage Europe, L.P., was exclusively offered to existing investors and closed in just over two months. The fund will target investments in the lower middle market, generally in companies located across Europe.
Consistent with prior funds, it will seek to invest in businesses that can benefit from its significant capital base, industry relationships and network of operational resources, focusing on industries where Marlin has developed extensive domain expertise, including technology, business services, healthcare, consumer and manufacturing, among others.
Led by David McGovern, Managing Partner, Peter Spasov, Partner, Marlin has closed six private equity funds since its inception in 2005 and has more than $3 billion of capital under management. Since the beginning of 2015, the firm has acquired 23 businesses, including 11 corporate divestitures. It is based in Los Angeles, California with an additional office in London.