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Laxman Pai, Opalesque Asia: Fidelio Capital, a Swedish investment company that globally invests, has raised more than €1bn ($1.1bn) for the final close of its third investment fund, which is more than triple the size of its previous investment mandate raised in 2018.
A media release from the private equity investment firm based in Stockholm said that it has continued to build on its unique investor base of families, entrepreneurs, and individuals while expanding internationally to include family offices from the US and across Europe.
"We are thankful for the continued support we have received from our existing investors and grateful to the new investors who have placed their trust in us. Our flexible and long-term investment mandate enables us to drive transformative growth journeys in our portfolio companies, which we believe is a key reason for our outsized returns since we started back in 2010. The entire Fidelio team is excited to continue building on the success created over the past 13 years and we now look forward to working with our extended family of fellow investors", said Gabriel Fitzgerald, Founder and CEO of Fidelio.
"The new investment mandate has already facilitated the completion of two add-on acquisitions in the US for the existing Fidelio platform investment Odevo, a tech-enabled residential property manager," the release said.
Founded in 2010 by Gabriel Fitzgerald, Fidelio has invested in twelve platform companies, along with more th...................... To view our full article Click here
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