POELLATH advises Afinum Management GmbH on EUR 420 million fundraising

Afinum Management GmbH (“Afinum”), one of the leading medium-sized investment companies in the German-speaking region, has successfully placed its latest fund generation “Afinum 9” with a total volume of EUR 420 million.

The investor base consists of many existing investors, as well as new institutional investors. Capital commitments for Afinum 9 are thus significantly higher than for its predecessor fund. As an integral part of its partnership approach, Afinum continues to offer co-investments to its investors and has already awarded co-investments of approximately EUR 30 million to Afinum 9 investors to date. Since its inception, the fund has made equity investments of nearly EUR 200 million in six new platforms and four add-ons. With the current generation of funds, Afinum is still strategically focused on the highly attractive DACH mid-market and has equity capacity per transaction from EUR 25 million to EUR 75 million.

Munich-based Afinum Management GmbH was founded in early 2000 and has since launched a new fund approximately every three to four years. POELLATH has been advising Afinum on fund structuring, ongoing fund compliance and individual transactions for many years.

POELLATH advised Afinum on all contractual, tax and regulatory aspects of fund structuring, contractual documentation and negotiations with domestic and foreign investors with the following Berlin-based team:

• Amos Veith (partner, private funds).
• Dr. Robert Eberius (counsel, private funds)
• Pascal Erler (associate, private funds)
• Michelle Kos-Kogos (associate, private funds)