Monument Group Advises Castik Capital on EUR 1.25 Billion Fundraise for EPIC II
LONDON, November 02, 2020 – Monument Group, one of the industry’s leading placement agents, has advised European private equity investment firm Castik Capital on the raising of its second fund, EPIC II (the “Fund”). EPIC II successfully closed at its hard cap of EUR 1.25 billion in October 2020.
“With Castik’s experienced team, focused strategy, and differentiated approach, the firm saw strong demand from existing and new investors, including large institutional investors in Europe, Australia and North America,” said Karl Adam, Partner at Monument Group. “With this capital, the firm is strategically positioned to continue seeking opportunities to work with great companies, helping them achieve long-term, sustainable growth. We thank Castik for the opportunity to play a role in the raise of EPIC II and wish them continued success.”
EPIC II will seek investments across Europe, with a target transaction size of EUR 200 million to EUR 700 million, and with approximately EUR 100 million to 300 million of equity committed per deal. Like its predecessor fund, EPIC II can remain invested for 10 years or longer and will target a concentrated portfolio of six to seven companies.
Monument Group acted as the exclusive placement agent for EPIC II.
About Monument Group
Monument Group is a leading, independent private placement agent managed by a senior team with significant buy-side investment heritage. Since its inception in 1994, Monument Group has assisted a range of general partners around the world to raise over 112 funds, totaling more than US$116 billion of equity. These clients represent a broad variety of investment strategies including buyouts, debt, distressed, energy and natural resources, growth, infrastructure and real estate. Monument Group has offices in Boston, London, Hong Kong and Tokyo. Monument Group also has a strategic alliance with boutique secondaries advisor Mozaic Capital. For more information on Monument Group’s primary and secondary capabilities, visit www.monumentgroup.com.
Monument Group, Inc., is a member of the Financial Industry Regulatory Authority (FINRA); Monument Group Europe LLP is authorized and regulated by the U.K. Financial Conduct Authority; Monument Group, L.P. is licensed as a Type II Financial Instruments Dealer in Japan; Monument Group (HK) Limited is licensed to conduct Type 1 regulated activities in Hong Kong.
About Castik Capital
Founded in 2014, Castik Capital focuses on identifying and developing investment opportunities across Europe. The investments are made by the Luxembourg based EPIC funds. The first fund, EPIC I, has a volume of €1 billion and was raised in 2014/2015. The second fund, EPIC II, had its final close in October 2020 and a volume of €1.25 billion. The Castik employees have extensive knowledge and experience in the private equity markets, with a team that has been actively investing in transactions for over 25 years. The advisor to Castik Capital is Castik Capital Partners GmbH, based in Munich. For more information, please visit www.castik.com
