French private equity and venture capital firm Keensight Capital has completed with 1 billion euros ($1.1 billion) in funding for its fifth pan-European growth buyout fund.
The investments came from asset managers, pension funds, insurance companies, banks and sovereign wealth funds as well as family offices.
The new fund, Keensight V, overreached its initial target of $849.4 million with support from existing limited partners, as well as new investors from Europe, North America, the Middle East and Asia.
Keensight Capital will continue to pursue its consistent and successful investment strategy targeting profitable and rapidly growing companies across Western Europe with revenues between $16.9 million to $283.1 million with its new fund.