Fremman Capital Closes Second Buyout Fund at Over €850 Million, Exceeding Target

Paul, Weiss advised Fremman Capital, a pan-European investment firm, on its second midmarket buyout fund, Fremman II MM, which raised €808 million in addition to €45 million of associated managed accounts. The final close surpassed the fund’s €750 million target in less than 18 months.

Commitments came from a diverse group of institutional investors across five continents, including strong support from existing investors and significant new capital from new regions. The fundraise brings Fremman’s assets under management to over €3.6 billion and follows the successful close of Fremman’s oversubscribed continuation fund for Kids Planet, on which Paul, Weiss also advised.

The Paul, Weiss team was led by corporate partners Jeremy Leggate and David Pritchett.