Just Closed: Three Hills raises €200 million

Decalia as advisor of the fund

Three Hills Capital Partners (THCP) today announced the final closing of its second fund, Three Hills Decalia, at c. €200 million, exceeding the original target of €150 million. Investors are European institutional investors, family offices and high-net-worth individuals.

THCP started fundraising eight months ago in partnership with Geneva-based asset manager Decalia, seeking to invest in European mid-market companies through preferred capital instruments. The new fund has already committed approximately €75 million to four companies.

THCP raised its debut fund in October 2014, totaling €100 million.