Palamon Capital Partners, L.P., a European lower mid-market private equity firm, recently closed its Palamon Auxiliary Partnership 2013, L.P. and its co-investment program, at €210m.
The Auxiliary Fund received commitments from a diversified group of over 20 investors including fund-of-funds Adams Street Partners, global private equity investors AlpInvest Partners and Quilvest and the endowment of Spelman College.
It will make new control equity investments of €15m to €80m in mid-market growth services businesses across Europe.
To date, Palamon has completed 33 investments in ten countries. Its portfolio includes Cambridge Education Group, a pre-university education group based in the UK, Retail Decisions, a global fraud prevention provider for card-based transactions, SARquavitae, a large residential elderly care corporate in Spain; and OberScharrer Group, an ophthalmic healthcare business in Germany.