Cap10 has announced the first close for its inaugural fund with €300 million of committed capital. The team is now well-positioned to implement its vision of finding attractive ‘off the beaten path’ opportunities within mid-sized companies across Europe.
Throughout this process Cap10 was able to rely on the early support from Carmignac. “We are delighted to have passed this key landmark,” comments Fabrice. “Having established an independent partnership with the contribution of Carmignac, one of Europe’s foremost asset managers, we have the foundation for exceptional and lasting investment growth.”
Maxime Carmignac, Managing Director at Carmignac, highlights that both the experience of the founders and the shared vision between the two firms were the key drivers in setting up the independent partnership. “It was an obvious choice to back such a talented team,” she says. “Beyond their impressive track record and reputation, the cultural similarities between our houses – based on independence, drive and entrepreneurship – have further convinced us to enter into a long-term partnership with Cap10.”