Patron Capital Closes Seventh Flagship Fund, Raising Over €860 Million

Patron Capital has successfully closed its seventh flagship fund, securing more than €860 million, including over €200 million of Patron discretionary co-investment capital for larger opportunities.

The majority of the capital came from the US and Canada, followed by Asia Pacific, Europe, and the Middle East. This fund will maintain the same investment strategy as previous funds, targeting distressed and undervalued investments across Western Europe. It aims to deliver returns of 17% to 20% gross IRR over a four-to-five-year investment horizon.

The fund has already started deploying capital, expecting an 18% return on its investments. Patron Capital has raised approximately €5.2 billion of capital and executed over 200 transactions across 106 investments and programs, involving over 9 million square meters in 17 countries. The firm's investors include sovereign wealth funds, prominent universities, major institutions, private foundations, and high net worth individuals located worldwide. Read the full press release here.