Astorg holds final closing of Astorg VIII at €4.4bn

Private Equity Wire

Pan-European private equity firm Astorg has held the final close of its latest flagship fund, Astorg VIII – an Article 8 buyout fund – with total capital commitments of €4.4bn, making it the firm’s largest fund raised to date.

Astorg VIII will target B2B companies across healthcare, technology, business services and industrials. The fund has made five investments to date, representing total committed or earmarked capital from the fund of nearly €2bn, according to a press release.

Astorg is based in Paris, France and has recently added Judith Charpentier, Lionel de Posson, Edouard Pillot and Benjamin Cordonnier to its executive committee.

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