LONDON – MAY 8, 2024 – Headway Capital Partners (“Headway”) today announced the final close of HIP V SCSp (“HIP V”) at EUR 627 million, exceeding its EUR 500 million target. The fund is the largest dedicated fund focused on investing with private equity sponsors on a deal-by-deal basis in Europe and North America, with a focus on independent sponsors.
Headway secured commitments to HIP V from a diverse group of investors including European, US and international pension funds, asset managers, endowments and foundations, and family offices. The fundraise was strongly supported by existing investors alongside significant capital from new investors.
“We are grateful to our long-standing investors for their continued support, and we are delighted to welcome many new investors, particularly in this challenging fundraising environment,” said Sebastian Junoy, Managing Partner at Headway.
With 40% of HIP V already committed to 13 investments, Headway believes it is seeing an exceptional deal environment for investing alongside experienced independent sponsors and private equity managers in high quality mid-market buyout assets at attractive valuations.
“We are very excited to continue capitalising on our twenty years of experience and first mover advantage as one of the only institutional capital providers dedicated to financing sponsors on a deal-by-deal basis,” added Laura Shen, Managing Partner at Headway.
