Monument Group Announces the Closing of OpCapita Fund II
LONDON, 06 September 2016 – Monument Group acted as placement agent in the raising and closing of OpCapita Consumer Opportunities Fund II LP (“The Fund / Fund II”). The oversubscribed fund reached its hard cap of €350 million.
The Fund received commitments from a diverse group of global investors, including pension funds, endowments, Fund of Funds, family offices and charitable foundations, predominantly from the US and Europe, and will be invested over five years.
Janet Brooks, Partner at Monument Group, said: “This hugely successful fundraise is a testament to the proven talent and unique strategy of the OpCapita team. Their extensive industry experience, deep operational turnaround focus and broad skillset instilled confidence in the opportunity which in turn generated fast and strong demand from a high quality, global investor base. We are very pleased with how the process played out and are thrilled to have begun a long‐term partnership with the OpCapita team.”
OpCapita has focused on investing in underperforming businesses in the consumer, retail and leisure sectors in Europe since it was founded in 2006. Having initially invested on a deal by deal basis it raised its first fund in 2014, a €110m vehicle with an innovative two year investment period.
Henry Jackson, Founder and CEO of OpCapita, added: “The closing of our second fund is an important milestone in the continued development of OpCapita at a time of significant opportunity in the consumer markets across Europe. For the last ten years our dedicated senior team of operating and financial professionals has focused on driving improvements at underperforming businesses through operational change in order to deliver long‐term, sustainable value for our investors. This new fund creates an exciting platform for the future, and we look forward to investing it on behalf of our Limited Partners.”
About Monument Group
Monument Group is a leading, independent private fund 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 78 funds, totalling $85 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, Inc., is a member of the Financial Industry Regulatory Authority (FINRA); Monument Group Europe LLP is authorized and regulated by the Financial Conduct Authority; Monument Group, L.P. is licensed as a Type II Financial Instruments Dealer in Japan; Monument Group (HK) Limited is licensed and authorised by the Securities Futures Commission (SFC) to conduct Type 1 regulated activities in Hong Kong and is exempt from registration in Australia by the ASIC.
About OpCapita
Founded in 2006, OpCapita is a European private equity firm specialising in the retail, consumer and leisure industries. OpCapita actively invests in companies where there is an opportunity to deliver improvements in profitability and create long‐term, sustainable value. OpCapita’s team of in‐house operating partners has decades of experience in consumer‐facing businesses and a widespread network of contacts and specialists. The team adopts a hands‐on approach to the companies in which it invests, drawing on exceptional management talent to deliver on its investments. Over the past ten years, OpCapita has invested over €450 million in businesses in the UK, France, Germany and Spain. OpCapita closed its first dedicated fund, OpCapita Consumer Opportunities Fund LP, at the end of 2014.
