Van Lanschot Kempen launches North American private equity fund
Published: 9.00 CEST
Van Lanschot Kempen Investment Management today launched the Kempen North American Private Equity Fund. The launch of this new private equity fund is an important addition to Van Lanschot Kempen's current range of investment products within private markets. The fund focuses on small and medium-sized privately owned companies in North America.
The Kempen North American Private Equity Fund is a closed-end investment fund with a ten-year term. It is Van Lanschot Kempen's third private equity fund after previously launching two successful funds with a focus on Europe. Like its predecessors, the fund is a hybrid investment fund that combines investments in private equity funds with co-investments. The reason for this combination is to build a well-diversified portfolio while also aiming to shorten the J-curve.
Erik van Houwelingen, Member of the Management Board and responsible for Investment Management Clients: “From conversations with clients, we have learnt that they have a need for new alternative products within private markets. This need drives us at Van Lanschot Kempen when launching new solutions. With this North American private equity fund, we are proud to be making a new asset class more accessible to high-net-worth private investors and family offices.”
Sven Smeets, Managing Director Private Markets: “Through the Kempen North American Private Equity Fund, we are helping clients gain access to the largest private equity market globally. The fund launch is a logical next step after the success of our previously launched European private equity funds. Investors are familiar with our investment philosophy and strategy, which we continue to pursue.
"Small is beautiful” is also the starting point for the Kempen North American Private Equity Fund - although small is defined differently in North America. Importantly, we believe such companies fit within the philosophy we are interested in. Lower entry valuations, limited use of debt and various operational ways to create value lead to attractive investment opportunities in the small-to-medium buyout segment.
“As in Europe, small and medium-sized companies in North America are a very important part of the economy. Private equity deals with the highest return potential are mostly found in this lower end of the market.”
More information
Media Relations: +31 20 354 45 85; mediarelations@vanlanschotkempen.com
Investor Relations: +31 20 354 45 90; investorrelations@vanlanschotkempen.com