Alto Partners, an Italian mid-market private equity firm, has closed its latest fund, Alto Capital V, at €273m, notching a 30% increase over its predecessor, Alto Capital IV, which closed at €210m.

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According to a press release, the fund’s investment strategy focuses on high-growth, family-owned companies mainly in northern Italy and valued between €30m and €100m. It utilises both buyout and selected expansion investments, with the equity ticket ranging from €20m to €40m.

Alto Capital V attracted commitments from public and private pension funds, insurance companies, banks, funds of funds, family offices and HNWIs.

Source: Private Equity Wire

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