Egeria hits €500m

Dutch mid-market buyout firm Egeria has raised its third fund, Egeria III, at its hard cap of €500m, with interest from both existing and new investors taking it well past its predecessor fund size of €140m.

Egeria III will focus on mid-market companies in The Netherlands or those with a Dutch connection, and with an enterprise value between €50m and €200m.

Commitments came from Dutch and international institutions and family offices including investors from North America and Europe.

Egeria was created in 1997 with backing from Bregal, the investment arm of the Brenninkmeijer family, who are the owners of European clothing retailer C&A.