Alchemy Partners Secures €1bn for Special Opportunities
Funding | Feb 06, 2025 | Rede Partners
Alchemy Partners has announced the final closing of its Alchemy Special Opportunities Fund V, achieving €1 billion in total capital commitments and surpassing its expected fundraising target. This accomplishment underscores strong investor confidence in Alchemy's focus on European mid-market corporate special situations. Drawing from a diverse range of global institutional investors, including sovereign wealth funds and pension funds, ASOF V showcases significant geographic diversification, notably with 45% from North America, 30% from Europe, and 25% from Asia-Pacific. The fund continues Alchemy's strategy to yield robust risk-adjusted returns by engaging in a wide range of special situation investments across capital structures. With the fund already 20% deployed across nine investments in four countries, Alchemy emphasizes the advantageous current macroeconomic and capital market conditions, aiming for a diversified portfolio. Rede Partners has been a strategic advisor since 2017.
Sectors
- Private Equity
- Investment Management
- Corporate Finance
Geography
- Europe – Alchemy's fund focuses on European mid-market opportunities.
- North America – The investor base includes a significant portion of commitments from North America.
- Asia-Pacific – A portion of the fund commitments is from Asia-Pacific.
Industry
- Private Equity – The article involves Alchemy Partners, a private equity firm, raising a significant fund for investment in special situations.
- Investment Management – The focus of the article is on gathering capital commitments for a fund managed by Alchemy Partners, underscoring their role as investment managers.
- Corporate Finance – The fund targets corporate special situations, highlighting a corporate finance strategy.
Financials
- €1bn – Total capital commitments raised by Alchemy Special Opportunities Fund V.
- c.20% – The portion of Fund V currently deployed across nine investments.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Alchemy Partners | Private Equity Firm | Company | Alchemy Partners is a private equity firm specializing in special situations investments. |
| Rede Partners | Strategic Advisor | Company | Rede Partners serves as a strategic advisor, assisting in the raise of Alchemy Special Opportunities Fund V. |
| Institutional Investors | Investors | Group | Includes private and public pension funds, sovereign wealth funds, financial institutions, consultants, and family offices. |