Golding Buyout VI reaches first closing at EUR 283 million
Golding Buyout VI provides institutional investors with access to a broadly diversified buyout portfolio focused on the European and North American small- and mid-cap segments. The strategy targets access-restricted fund managers specialising in the operational transformation of often founder- or family-owned businesses, creating value through sustainable operational enhancements. The portfolio is complemented by co-investments and secondary investments, which have become an essential element of a well-diversified buyout strategy.
Portfolio construction well underway
Portfolio construction for Golding Buyout VI is progressing as planned. The investment team has already completed commitments to nine underlying funds, with additional commitments expected to be finalised shortly. The early allocation to co-investments and secondaries can substantially mitigate the J-curve effect while contributing to an improved cash flow profile.
Golding follows a balanced approach, combining established managers with selected emerging managers, with a focus on the European and North American small- and mid-cap markets. Golding continues to see compelling investment opportunities in this segment, supported by attractive entry valuations and a broad universe of potential buyers. The target portfolio is expected to comprise approximately 300 to 350 companies, with a focus on resilient sectors such as B2B services, healthcare, specialty manufacturing and vertical B2B software.
Access to the right fund managers remains the foundation of successful buyout investing. Today, however, the real differentiator lies in how these managers are combined into a portfolio. Co-investments and secondaries have become integral components of holistic buyout portfolios. They improve cash flow profiles, create additional flexibility and enable us to capture investment opportunities throughout the market cycle for the benefit of our investors.
Vaishnavi Katamreddy, Head of Buyout
Institutional investors increasingly expect an investment partner that can provide access to the right opportunities across market cycles and translate them into resilient portfolios. This is exactly where our buyout approach stands out. We combine long-standing relationships with leading fund managers with active and flexible portfolio construction. The successful first closing confirms that this approach meets the evolving needs of institutional investors.
Hubertus Theile-Ochel, Managing Partner
With more than 25 years of investment experience, Golding is one of the leading investors in the European buyout market. Long-standing relationships with leading fund managers across Europe and North America provide the foundation for access to high-quality investment opportunities.
