Cinven's Fifth European Buyout Fund Closes with EUR5.3B
June 14, 2013
Cinven, a European private equity firm, has closed its Fifth European Buyout Fund at €5.3 billion ($7.07 billion). Cinven invests across six key sectors, which include business services, financial services, healthcare, industrials, consumer, and technology, media and telecommunications. The fund has already made three investments, including in business services companies in Turkey and France and a U.K.-based healthcare business. Cinven funds acquire Europe-based companies that require an equity investment of €100 million ($133 million) or more.