»Golding Buyout Co-Investment 2023« holds a first close on around € 100 m
Dr Matthias Reicherter & Daniel Boege
Munich - Golding Capital Partners, one of the leading independent asset managers for alternative investments in Europe, announces a first close for its »Golding Buyout Co-Investment 2023« fund with total capital pledges amounting to € 101 m. Investors include clients from the areas of insurance companies, pension schemes, pension funds and family offices. The Article 8 fund is the second generation of the investment strategy and continues the company’s co-investment strategy established since 2015. The predecessor fund »Golding Buyout Co-Investment 2020« closed significantly oversubscribed at € 273 m at the end of 2022.
Investors are showing considerable interest in our co-investment solutions. Golding’s 24-year experience in the buyout segment and our platform offer multi-dimensional diversification, constant deal flow over the Golding network and an attractive transaction pipeline. We are continuing to concentrate on small and mid-cap companies and support their growth with buy-and-build strategies.
Dr Matthias Reicherter, Managing Partner & Chief Investment Officer at Golding
We were able to invest part of the fund volume at an early stage and add five companies with promising operational development to our portfolio. In addition to the global cyber security provider Quorum Cyber, we are invested in two software companies in Scandinavia and Spain, an Austrian packaging company and a global provider of certification and compliance services. Our investment team has already identified other attractive opportunities.
Daniel Boege, Partner & Head of Buyout at Golding
Following the completed construction, the portfolio of the »Golding Buyout Co-Investment 2023« will consist of around 30 individual investments in predominantly SMEs based in Europe and North America. The target sectors include in particular technology, software, healthcare and B2B services.
The investment programme is structured in accordance with Article 8 SFDR. The fund’s target is a net IRR of 16 to 18 percent p.a.
Golding can look back on a track record of around € 2.7 bn assets under management in the buyout area. In the co-investment segment alone, the asset manager has implemented around 40 investments with a transaction volume totalling more than € 320 m.
