Alchemy Partners has successfully closed its latest fund, the Alchemy Special Opportunities Fund V (ASOF V), raising €1 billion in capital commitments, exceeding its initial fundraising target. The fund focuses on European mid-market corporate special situations and has already deployed around 20% of its capital across nine investments in four different countries.
The investor base for ASOF V is internationally diversified, with commitments split as follows: 45% from North America, 30% from Europe, and 25% from the Asia-Pacific region. Investors include a mix of institutional players, such as pension funds, sovereign wealth funds, financial institutions, consultants, and family offices.
Alchemy Partners has been pursuing special opportunities since 2006 and has invested more than €3 billion across nearly 90 transactions. The firm believes that the current macroeconomic and capital market conditions are conducive to generating strong risk-adjusted returns, enabling the creation of a well-diversified portfolio that aligns with both new and existing investment themes.
In the fundraising process, Alchemy collaborated with Rede Partners as its placement agent and Macfarlanes as legal counsel.
Related topics:
Cedi Adjusting to True Market Value After 2024 Manipulations: Expert Insight
Ripple (XRP) Struggles Amid Legal Uncertainty and Market Confusion