Investindustrial Raises €1.5 Billion for Lower Mid-Market Fund

Investindustrial has raised €1.5 billion ($1.75 billion) for its latest lower mid-market private equity fund, surpassing an initial target in a speedy four-month raise.

Total commitments for Investindustrial Lower Mid-Market IV exceeded a €1.25 billion target, according to a statement reviewed by Bloomberg News. The new vehicle is bigger than the predecessor €1.1 billion fund that Investindustrial raised in 2023 and will focus on southern European businesses.