bd-capital Surpasses €430 Million Fundraising Target
Funding | Mar 25, 2025 | Carey Olsen
bd-capital has successfully closed its second fund, surpassing its original target of 350 million euros by more than 20%, and attracting a diverse range of institutional investors from across the globe, including Europe, the Middle East, and North America. With the closure of this fund, bd-capital's assets under management have increased to over 800 million euros. The fund was advised by Carey Olsen, specifically its Guernsey corporate team, and supported by other key players like exclusive placement agent Houlihan Lokey, legal counsel Weil, Gotshal & Manges LLP, and fund administrator Langham Hall. The successful fundraising in a challenging market is attributed to bd-capital's operator-led, multi-sector investment strategy and its growing international reputation.
Sectors
- Private Equity
Geography
- Europe – The fund closure was partly financed by European investors and advised by a European law firm, Carey Olsen.
- Middle East – Significant investment in the fund came from the Middle East.
- North America – North American investors contributed significantly to the fund.
Industry
- Private Equity – The article discusses the closing of a private equity fund managed by bd-capital, highlighting the sector's fundraising dynamics.
Financials
- €430 million – The total amount raised by bd-capital's second fund.
- €350 million – The original target amount for bd-capital's second fund.
- €800 million – The total assets under management by bd-capital after the fund's closure.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| bd-capital | Private Equity Firm | Company | The company managing the second fund reaching €430 million. |
| Carey Olsen | Legal Advisor | Company | The law firm advising bd-capital on the fund closure. |
| David Crosland | Partner at Carey Olsen | Person | Partner at Carey Olsen who commented on the fund's success. |
| Houlihan Lokey | Placement Agent | Company | Exclusive placement agent supporting bd-capital. |
| Weil, Gotshal & Manges LLP | Legal Counsel | Company | Legal counsel for bd-capital. |
| Langham Hall | Fund Administrator | Company | Fund administrator for bd-capital. |