Three Hills Capital Partners has closed its Three Hills Capital Solutions III (Fund III) at €540 million, surpassing its initial fundraising target of €400 million.
Fund III, which will invest 80 percent of its capital into debt and 20 percent into minority equity stakes, pursues 10 to 12 investments and targets a 15 percent net IRR.
The fund is the first vehicle open to institutional investors and around 60 percent of the capital raised came from new investors in North America and Europe.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: subscriptions@peimedia.com.