Vaultier7, a London, UK-based investment firm, has launched its first £65m growth fund.
The fund reportedly received support from the Puig family, a Spanish company operating in the fashion and fragrance sectors.
Led by Montse Suarez and Anna Sweeting, the firm will focus on making growth investments in companies operating in the beauty and personal care, health and wellness and lifestyle sectors in the UK and Europe.
The fund will invest in companies with revenues of £3m to £15m, providing capital in the range £2 – 10m.
The first operations will be announced by the end of the year.