Arcadia Completes €100 Million Closing for Third Private Equity Fund
Funding | Apr 10, 2025 | Finance Community IT - 3 Private Equity
Arcadia SGR has successfully closed the third iteration of its private equity fund, Arcadia Sustainable Capital III, raising €100 million with a target of €120 million and a hard cap at €150 million. The fund will remain open for subscriptions until September 2025. Returning investors, including the European Investment Fund and various Italian institutions, have shown strong commitment, with many increasing their contributions. The fund's portfolio currently includes an investment in KEP Italia, which has expanded its strategic positioning through the acquisition of Veredus. Arcadia is also actively pursuing new investment opportunities. Remarkably, Arcadia liquidated its first fund, Arcadia Small Cap, in 2024, achieving double-digit returns after selling its stake in Vision Group, a leading optical retail network in Italy.
Sectors
- Private Equity
- Consumer Retail
- Equestrian Equipment
Geography
- Italy – The activities and investments of Arcadia and its related participants are primarily based in Italy.
- European Union – The European Investment Fund, a key participant, indicates broader European involvement and interest in the fund.
Industry
- Private Equity – The article discusses the closing and future plans of a private equity fund, highlighting investment strategies and investor commitments.
- Consumer Retail – Arcadia's previous investment in Vision Group, a retail network, and current investments are indicative of interest in consumer retail sectors.
- Equestrian Equipment – KEP Italia and its recent acquisition, Veredus, focus on high-end equestrian equipment, illustrating sector-specific investments.
Financials
- €100,000,000 – The amount raised by Arcadia Sustainable Capital III in its recent closing.
- €120,000,000 – The target amount for Arcadia Sustainable Capital III.
- €150,000,000 – The hard cap set for Arcadia Sustainable Capital III.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Arcadia SGR | Private Equity Firm | Company | Arcadia SGR is the fund manager overseeing Arcadia Sustainable Capital III. |
| Arcadia Sustainable Capital III | Private Equity Fund | Company | The latest fund managed by Arcadia SGR with a focus on sustainable investments. |
| KEP Italia | Portfolio Company | Company | A leading company in high-end equestrian helmets, part of Arcadia's portfolio. |
| Veredus | Acquired Company | Company | Recently acquired by KEP Italia, Veredus specializes in horse protection and care products. |
| Vision Group | Former Portfolio Company | Company | A leading optical retail network in Italy, previously in Arcadia's portfolio. |
| European Investment Fund | Investor | Company | Key returning investor in Arcadia's fund initiatives. |
| Banco BPM | Investor | Company | An Italian banking institution investing in Arcadia Sustainable Capital III. |
| Banca Popolare di Sondrio | Investor | Company | Italian bank participating as an investor in the fund. |
| Anima SGR | Investor | Company | Italian asset management company involved in the fund. |