Sino-European private equity firm Mandarin Capital Partners opened an office in Frankfurt, Germany.
Since 2007, the firm (led by Founding Partner Alberto Forchielli), has invested €328m, making a total of 10 investments in Italian and Chinese companies and supporting their development from China to Italy and from Italy to China.
With the second fund (called Mandarin Capital Partners II), which is currently in fundraising, the team plans to expand its approach to export-oriented companies coming from German speaking countries.
The fund will invest in majority (MBO, MBI) as well as in selected minority positions of healthcare, environmental technologies, oil & gas-suppliers, specialty chemicals and specialized industrial companies mainly focused on product safety and energy saving.
Operations will range from €30m to €50m.
The Frankfurt office will be led by Markus Solibieda, a private equity professional with 18 years of experience in investing in mid-sized companies in Germany and Western Europe.