Kempen launches European Private Equity Fund
The Kempen European Private Equity Fund is a closed-end investment fund with a minimum term of ten years. It is a hybrid investment fund that combines indirect investments in private equity funds and co-investments. Co-investments are minority investments made directly in the relevant company, alongside a private equity fund. Approximately half of the target portfolio consists of direct co-investments. The main reason for selecting this combination is to ensure sound risk diversification.Sven Smeets, Cohead of Private Markets at Kempen, explained: ‘The fees involved in direct co-investments are lower than in traditional investments in private equity funds. This is partly the reason why, in our view, the expected returns are higher. In the small and lower mid-market of European buy-outs, which is where the smallest funds of the European private equity market are found, there are fewer competitors with a lot of capital than in large-scale buy-outs, while there are many high-quality opportunities. We expect this to offer sound opportunities for return. This new private equity fund will build on the small-cap expertise Kempen is known for.’
Marvin de Jong, Director of Private Markets at Kempen, stated: ‘Traditionally, investing in private equity via co-investments was the exclusive domain of large institutional investors, such as pension funds. The Kempen European Private Equity Fund makes this asset category more accessible to high net worth individuals and family offices.’
The Kempen European Private Equity Fund may be sold in the Netherlands, Belgium, and Switzerland.
Kempen European Private Equity Fund (the Sub-Fund) is a sub-fund of Kempen Alternative Markets Fund SICAV-RAIF (the “Fund”), domiciled in Luxembourg. Kempen Capital Management N.V. (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by The Netherlands Authority for the Financial Markets. The Sub-Fund is registered under the license of the Fund at The Netherlands Authority for the Financial Markets.
The information in this document provides insufficient information for an investment decision. Please read the prospectus. This document is available on the website of KCM (www.kempen.com/investmentfunds). The Sub-Fund is registered for offering in a limited number of countries. The countries where the Sub-Fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
The Fund is only available for professional investors investors.