Palamon Capital Partners (Palamon) has completed a funding transaction resulting in five top-tier investors purchasing stakes in prior Palamon funds from a number of existing limited partners.
The investor group includes Adams Street Partners, Goldman Sachs AIMS Private Equity Group, Morgan Stanley Alternative Investment Partners, Dutch pension fund service provider PGGM and the Rothschild Merchant Banking Group.
In the first quarter of 2015, Palamon mandated Credit Suisse Asset Management to organise a whole-fund liquidity option for limited partners interested in selling their interests in Palamon European Equity LP (“Palamon I”) and Palamon European Equity II LP (“Palamon II”).
The investor group has also committed capital to a new fund investing alongside Palamon Auxiliary Partnership 2013, L.P.
Recently, these fund has made investments in the UK legal services provider, Simplify Group, and the Italian artisanal leather accessories brand, Il Bisonte.
Since inception in 1999, Palamon has invested €1.1bn directly and a further €800m through co investments in 35 high-growth companies in ten countries.