Three Hills Partners with BCI for Strategic Growth
Deal News | Jul 19, 2025 | Campbell Lutyens
Three Hills Capital Partners, a private markets investment firm known for its bespoke capital solutions in Europe and North America, has entered into a strategic partnership with British Columbia Investment Management Corporation (BCI), one of Canada's leading institutional investors. Advised by Campbell Lutyens, the deal entails BCI making a strategic minority investment to bolster Three Hills' long-term corporate growth and development. Three Hills, founded in 2013, has executed a successful growth strategy, highlighted by the expansion of its investment verticals and the accomplishment of its largest fund-raising event in the core Capital Solutions strategy. With the deal expected to close in 2025, Three Hills plans to leverage BCI's investment to fortify its balance sheet capacity and fund new strategic initiatives, ensuring majority ownership and operational independence under the continued leadership of CEO Mauro Moretti and CFO Leks de Boer.
Sectors
- Private Equity
- Financial Advisory
Geography
- Europe – Three Hills operates and provides bespoke capital solutions across Europe.
- North America – Three Hills has a presence here, and BCI, a Canadian company, is becoming a strategic partner.
- Canada – The country where BCI, a major institutional investor and new strategic partner, is located.
Industry
- Private Equity – Three Hills is a private markets investment firm engaging in a strategic partnership with an institutional investor for corporate development.
- Financial Advisory – Campbell Lutyens is playing the role of financial advisor in the strategic partnership between Three Hills and BCI.
Financials
- EUR 3 billion – Total assets under management (AuM) of Three Hills mentioned as part of the growth narrative.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Three Hills Capital Partners | Target company | Company | A private markets investment firm focusing on bespoke capital solutions, founded in 2013. |
| British Columbia Investment Management Corporation (BCI) | Bidding Company | Company | One of Canada's largest institutional investors, participating in a strategic minority investment. |
| Campbell Lutyens | Financial advisor | Company | Advised Three Hills in the strategic partnership with BCI. |
| Mauro Moretti | Chief Executive Officer | Person | CEO of Three Hills, maintaining key leadership amidst the partnership. |
| Leks de Boer | Chief Financial Officer | Person | CFO of Three Hills, overseeing Finance, Risk, and Compliance functions. |