Investindustrial Raises €4 Billion for Flagship Mid-Market Fund

Investindustrial has raised €4 billion ($4.3 billion) for its latest flagship mid-market private equity fund, surpassing its initial target.

The total commitments for Investindustrial VIII exceeded a €3.75 billion target, according to a statement Thursday reviewed by Bloomberg News. The new vehicle will focus on southern European businesses with global revenues and growth potential.

Andrea Bonomi

Photographer: Christopher Pike/Bloomberg

“This is a market where the leaders will gain market share and the laggards will suffer,” Andrea C. Bonomi, chairman of the industrial advisory board at Investindustrial, said in an interview. “What investors are looking for today is a distinctive strategy, and ours is ...