Private Markets Insights III/2021

Status report: Golding Buyout Co-Investment 2020

Golding’s first dedicated buyout co-investment fund is performing well

 

Golding Buyout Co-Investment 2020, Golding’s first dedicated buyout co-investment fund, has posted a very positive performance over the past six months. The fund has already built an attractive portfolio of 15 companies in the target sectors of technology/software, healthcare, business services and consumer goods. All the companies are performing to plan, whereby four businesses are already well ahead of their business plans thanks to transformative acquisitions and/or strong organic growth. So although the portfolio is still young, the first write-ups have already taken place and one company is even preparing for its initial public offering. The pipeline of attractive investment opportunities is well filled, so the fund is expected to complete the construction of its portfolio by mid-2022.

“We are continuing to generate very attractive opportunities from our network to invest in market-leading companies in Europe and the USA. Our deal flow pipeline is well filled and the fund should have completed its portfolio construction by the middle of 2022”, says Daniel Boege, Head of Buyout and Partner at Golding Capital Partners.

Golding Buyout Co-Investment 2020 applies the Golding co-investment strategy established in 2015 and is focusing on companies in defensive sectors, such as healthcare and technology, with conservative capital structures in Europe and North America. Despite this defensive approach the fund is aiming for a net-IRR of 13 to 15 per cent. Final closing is expected to be at year-end 2021.

 

If you would like further information about the Golding Buyout Co-Investment 2020 fund, please call us or send us an email.