The Paris Private Equity Funds team advised Rothschild & Co in connection with the final closing of Five Arrows Principal Investments III (“FAPI III”), its third European corporate private equity vehicle. FAPI III was oversubscribed and reached a hard cap with total capital commitments of €1.25 billion. Investors in FAPI III represent a globally diversified group of institutions, corporations, international family offices and entrepreneurs from Europe, North America, and Asia. Rothschild & Co, the partners and senior staff of the firm, and the fund's investment executives have also made a substantial commitment to FAPI III.
FAPI III will invest in lower middle market-companies across Europe valued between €75 million and €300 million in the following sectors: healthcare & education, data & software and technology-enabled business services.
Five Arrows Principal Investments III shall generally invest equity tickets of €35 million to €100 million per investment.
Rothschild & Co is family-controlled and independent and has been at the centre of the world's financial markets for over 200 years. It has three business lines: Global Advisory, Wealth & Asset Management, and Merchant Banking.
The Goodwin team was led by partners Arnaud David and Sarah Micheland associate Camille Lemonnier with assistance from partners Alexandrine Armstrong-Cerfontaine and Robert Kester, counsel David Solander and associate Oana Millich.
For additional details on the closing, please read the press release.