London-based private equity firm Corten Capital has held the final close of Corten Capital II at €680m. The fund will focus on investments in business software, services and data companies across Europe and North America.
Corten Capital I, the firm’s predecessor fund, is now substantially invested and will continue to build its portfolio companies Matrix42and Ekco, according to a press statement, which have seen significant growth and value creation since the firm invested in them in 2021 and 2022 respectively.
Carey Olsen Guernsey and Alter Domus, who also advised on the 2020 launch of Corten Capital I, advised Corten Capital on the fund structuring and launch.
Source: Private Equity Wire
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