Acton Fund V: First Closing EUR 130 mio.
We are very pleased to inform you that the fundraising for Acton Fund V – where ISP is the exclusive placement agent for Switzerland is making excellent progress: They have already received hard commitments from anchor investors for a First Closing of EUR 130 mio. which is well above their initial target.
Major investors of Acton Fund V at the First Closing are yet again the European Investment Fund, KfW, Hubert Burda Media and the Acton Team. Moreover, they are very pleased about strong inbound interest from international Family Offices, Private Investors and some Major Institutionals for Acton Fund V.
They expect to reach commitments towards EUR 200 mio. by year end and are thus confident to announce their final closing (hard cap EUR 250 mio.) within the next 3-6 months.