Swiss private equity firm Capvis has closed Capvis Equity V (Capvis V) with capital commitments of just under 1.2 billion euros ($1.4 billion).

Capvis V exceeded both its target of $1.2 billion and the $810.2 million size of Capvis Equity IV.

Capvis V will invest in leading mid-sized companies in the Industrial Corridor of Europe (Switzerland, Germany, Austria, Italy, and Benelux).

The fund attracted capital from both existing investors and major new investors from around the globe, extending its relationships in North America, the Middle East, and Asia.