Montefiore Investment announces the interim closing of two new funds, for a total of 1.4 billion

Paris, September 13, 2023. Montefiore Investment, the reference fund for SMEs and Mid-Cap services companies, announce the intermediate closing of its new generation of funds, “Montefiore Investment VI” and “Montefiore Investment Expansion”, for a total amount of over 1.4bn€. . Both funds will pursue the same investment strategy that has distinguished Montefiore since inception and will invest equity tickets ranging from €20m to €200m.

In just a few months:

• Montefiore Investment Expansion , the small cap fund, has already exceeded its target of €400m, and reached its hard cap of €450m;
• The mid cap fund Montefiore Investment VI has reached an interim closing of close to €1bn and will continue the fundraising to wards its hard cap of €1.4bn in the coming months.

This remarkable performance, achieved in a difficult fundraising environment , was made possible by a strong vote of confidence from Montefiore’s existing investors. Their reinvestment rate already exceeds 100% in value. Existing investors have been joined by a significant number of new ones, notably institutional.

This closing comes at the end of a particularly successful first half of the year for Montefiore, with notably since the beginning of the year:

• Four new investments, closing the investment period of Montefiore Investment V in three years, and completing the first investment of Montefiore Investment VI;
• The strengthening of our international presence, with the completion of the first transaction by our Milan office;
• Three successful exits, once again demonstrating the team’s ability to crystallize value despite a slow transaction market;
• The accelerated development of our portfolio companies, with sales and EBITDA growing by over 20% year on year, in line with our long term average track record;

Montefiore Investment has thus confirmed its position as one of Europe’s best-performing investors.

Eric Bismuth, CEO of Montefiore Investment, comments: “These remarkable results are the fruit of our ambitious strategy and the quality of our teams in Paris and Milan. Montefiore Investment continues to develop exceptional mid-cap companies that are helping to drive growth in the French economy.”