SAGA reaches EUR 720m hard cap in final close of SAGA VIII
23 December 2021
On 13 December 2021, SAGA Private Equity reached the EUR 720 million hard cap in SAGA VIII, a fund-of-funds focusing on European and North American buy-out funds. SAGA VIII achieved commitments from 45 existing and new European investors. Plesner’s Private Investment Funds team advised SAGA during all stages of the fundraising.
SAGA VIII is SAGA’s largest fund to date having reached the hard cap of approximately EUR 720 million, including the SAGA team's investment. SAGA VIII is primarily dedicated to primary investments in European and North American buy-out funds within the micro, small and mid-market. The investment strategy of SAGA VIII is a continuation of previous SAGA funds and is tailored to investors, including institutional investors, requiring exposure to the fund-of-funds market.
Like the predecessor funds, SAGA VIII will focus on investments in micro, small and mid-market buy-out funds as well as potential co-investments. The fund has a global reach and will diversify investments across primary fund investments, secondary investments and co-investments. The fund will invest in low-risk OECD countries in Europe and North America.
Plesner’s Private Investment Funds team has advised SAGA during all stages of the structuring, raising and formation of SAGA VIII.
Like the predecessor funds, SAGA VIII will focus on investments in micro, small and mid-market buy-out funds as well as potential co-investments. The fund has a global reach and will diversify investments across primary fund investments, secondary investments and co-investments. The fund will invest in low-risk OECD countries in Europe and North America.
Plesner’s Private Investment Funds team has advised SAGA during all stages of the structuring, raising and formation of SAGA VIII.
