Latest News
Press Releases
Pechel Industries III Final Close
Pechel Industries III holds final close at Eur 165m
Paris October 22nd 2008
Pechel Industries Partenaires today announces the final close of Pechel Industries III at EUR 165m. Originally established as a private investment vehicle for a group of prominent industrial families, today Pechel is an independent private equity firm that focuses on Development Capital and LBO investments in the Lower Mid Market in France.
Investors into the Fund include fund-of-funds, pension funds, and family offices from Europe and the US.
“We are delighted with the ongoing support we have received from our existing investors and with the high calibre of new investors who have committed to the fund,” commented Hélène Ploix, President and Senior Partner at Pechel.
Pechel is one of the few private equity firms in France with the strategy and expertise to make minority and majority investments, a factor which helps generate a highly proprietary and differentiated deal flow. This strategy has been very successful, as evidenced by the consistent performance of the previous funds.
Pechel III will continue this successful strategy.
“Our investment process has always been very disciplined, and this will be even more important in the current economic cycle. However we continue to see very interesting opportunities in the market, and we are cautiously optimistic about the future,” added Ploix.
With the closing of Fund III Pechel have close to Eur 300m under management and since 1996 the team have invested over Eur 200m in 20 Private Equity transactions.
Pechel Industries Partenaires are advised by Matrix Private FundsGroup.
For further information, please contact:
Pechel Industries Partenaires
Jean Gore, Senior Partner +33 1 56 59 79 50
Matrix Private Funds Group
Charles Lemon, Partner +44 20 3206 7111
