International private equity firm, Cinven, has held the final close of its inaugural Strategic Financials Fund (SFF) with €1.5 billion of total capital commitments.
The SFF builds on Cinven’s leading financial services investment platform in Europe with an investment strategy focused on areas where Cinven has developed significant investment expertise, such as life and non-life insurance and reinsurance, asset-backed speciality finance, wealth management, insurance distributors and other ‘capital light’ financial service providers.
The SFF is focused on investing in companies with long term track records of consistent growth and cash generation across a broad spectrum of the European financial services sector, drawing on Cinven’s extensive network of relationships, origination skills and expertise.
Read more: Private Equity Wire
