bd-capital Secures €430 Million for Second Fund
Funding | Mar 14, 2025 | bd-capital
bd-capital, a pan-European, operator-led investment firm, has announced the final closing of its second fund, bd-capital Fund 2, at €430 million. The fund exceeded its original target of €350 million by over 20% in less than twelve months. The firm now manages over €800 million in assets. A diverse range of institutional investors participated, including those from Europe, the Middle East, and North America. The success of this fundraising is attributed to bd-capital's unique operator-led, multi-sector specialist strategy. The firm aims to capitalize on opportunities within its target sub-sectors. Key partners for this fund included Houlihan Lokey, Weil, Gotshal & Manges, Carey Olsen, and Langham Hall.
Sectors
- Private Equity
- Financial Services
Geography
- United Kingdom – bd-capital is headquartered in London, U.K., where the firm is making significant fundraising announcements.
- Europe – bd-capital focuses on operator-led investments across the pan-European market.
- North America – A significant proportion of capital for Fund 2 came from North American investors.
Industry
- Private Equity – bd-capital is a private equity firm focused on operator-led investments and fundraising, which is a key aspect of the private equity industry.
- Financial Services – The article discusses fundraising activities, a core element of the financial services sector.
Financials
- €430 million – Amount raised by bd-capital for its second fund, surpassing the initial target.
- €800 million – Total assets under management by bd-capital after the closing of the second fund.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| bd-capital | Private Equity Firm | Company | Pan-European, operator-led investment firm raising its second fund. |
| Houlihan Lokey | Global Placement Agent | Company | Provided placement services for bd-capital's fundraising round. |
| Weil, Gotshal & Manges | Legal Counsel | Company | Provided legal counsel for bd-capital's fundraising activities. |
| Carey Olsen | Legal Counsel | Company | Provided additional legal support for the fund setup. |
| Langham Hall | Fund Administration | Company | Provided fund administration services to bd-capital. |