Van Lanschot Kempen Investment Management raised €388m for its third European private equity strategy, marking a successful final close following strong demand from private banking clients across the Netherlands, Switzerland, and Belgium.

The fundraising was split across two vehicles: the Kempen European Private Equity Fund III, targeting clients in the Netherlands and Switzerland, and the MercLan European Private Equity Fund, designed for Belgian investors through Mercier Van Lanschot.

The final subscription round ran from 24 March to 11 April and was limited to clients who had previously expressed interest. The firm confirmed this close follows a first close held on 23 March. Learn more about fundraising in the Benelux area by joining the Benelux Private Equity Conference in Amsterdam.

Van Lanschot Kempen expects to expand its suite of private equity offerings further in the near term to meet growing demand for access to alternative investment strategies.

Source: Van Lanschot Kempen