Quadria Capital raises $1.4b in oversubscribed fund III exercise
Proceeds will be invested in 10 market-leading companies.
Quadria Capital closed its fund III exercise with $1.4b (US$1.07b), surpassing its $1.02b (US$800m) target.
The oversubscribed fundraising comprises over $1.2b (US$954m) in primary commitments and $146m (US$114m) in committed co-investment capital.
An additional $385m (US$300m) co-investment capacity is anticipated over the course of the investment phase, bringing total committed capital to approximately $1.66b (US$1.3b) upon full deployment.
Proceeds from the fund will be used to build a diversified portfolio of around 10 market-leading companies, taking both minority and majority stakes, and expanding impact through targeted co-investments from Limited Partners (LPs).
Currently, about 40% of the fund has been invested in Aragen Life Sciences, NephroPlus, and Maxivision.