CBPE Closes Fund XI at £714 Million Hard Cap
Funding | Apr 01, 2025 | Rede Partners
CBPE Capital LLP, a UK mid-market private equity firm, has announced the successful first and final close of CBPE Fund XI, hitting its hard cap at £714 million. This marks a 27% increase over the prior fund, CBPE Capital Fund X, closed in 2020. The fundraising was significantly oversubscribed, concluding within four months after launch due to strong support from existing and select new investors. CBPE has diversified its investor base geographically, strengthening presence in markets including the US and the Nordics, and entering new territories such as Australia. Rede Partners served as strategic advisor for this venture. Fund XI will continue CBPE's strategy of investing in UK and Ireland-based companies across Business Services, Financial Services, Healthcare & Pharmaceuticals, Industrials, and Technology. The fund targets primary buyouts with enterprise values up to £175 million.
Sectors
- Private Equity
- Financial Services
- Investment Management
Geography
- United Kingdom – CBPE Capital is based in the UK and invests primarily in UK & Ireland headquartered businesses.
- United States – The investor base for Fund XI includes a strengthened presence in the US market.
- Nordics – CBPE Capital has strengthened its investor base in the Nordics.
- Australia – CBPE Capital has expanded its investor base to include new markets like Australia.
Industry
- Private Equity – The article discusses CBPE Capital, a private equity firm, and the successful close of its latest fund.
- Financial Services – CBPE Capital operates within the financial services sector, with a focus on fundraising and investment strategies.
- Investment Management – The closing of Fund XI involves investment management practices pertaining to capital allocation and strategic investor relations.
Financials
- £714 million – The total amount closed for CBPE Fund XI.
- 27% – The percentage increase of Fund XI compared to the prior fund, CBPE Capital Fund X.
- £175 million – The enterprise value cap for target businesses in which Fund XI will invest.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CBPE Capital LLP | Private Equity Firm | Company | A leading UK mid-market private equity firm focused on primary buyouts in the UK and Ireland. |
| Rede Partners | Strategic Advisor | Company | A strategic advisor that partnered with CBPE on this successful fundraise. |
| Institutional Limited Partners | Investors | Company | Include insurance companies, pension funds, sovereign wealth funds, family offices, asset managers, endowments, and foundations. |