Electra Partners announces that it has identified Steadfast Capital GmbH as its German investment partner of choice,and has purchased a significant interest in Steadfast Capital Fund I. Electra Partners' investment and commitment to Steadfast Capital Fund I totals €45 million. This investment is subject to normal German competition clearance and registration.
Steadfast Capital invests in medium-sized businesses in German-speaking and Dutch markets. Fund I has a promising portfolio of 13 investments in small to medium sized companies and other private equity funds, across a broad range of business types and sectors. For further information, visit www.steadfastcapital.de.
Electra Partners already has investment partners in France, with TCR Capital, Italy, with Synergo SGR and Spain, with N+1.
Tim Syder, Partner at Electra Partners, said "This investment offers Electra Partners the opportunity to invest further in the German market and is consistent with our strategy to build successful partnerships with high quality managers in the European mid-market buyout sector."
Electra Partners refers to Electra Partners LLP acting on behalf of its client Electra Private Equity Plc.