AnaCap Financial Partners raises €1bn

The European financial services specialist investor closes oversubscribed fourth credit fund above target.

AnaCap Financial Partners has held a final close on its fourth credit fund, AnaCap Credit Opportunities IV, at €1 billion. It will target investments between €15 and 75 million in the European mid-market.

The oversubscribed fund surpassed its target of €750 million with support from investors including Texas County and District Retirement System (€75 million) and San Francisco Employees’ Retirement System (€50 million), which re-upped from the previous fund in the series.

AnaCap Credit Opportunities III closed at €595 million in June 2016.