• Parcom | October 2023

    Parcom closes Fund VII at the hard cap of €960 million

    Parcom is pleased to announce the closing of its seventh fund (“Fund VII”) at the hard cap of €960 million. Fund VII will be a continuation of Parcom’s strategy of investing in leading mid-market companies headquartered in the Netherlands, often in partnership with founders and entrepreneurs.

    Fund VII was oversubscribed and fully allocated within six months after launch. Demand significantly exceeded the fundraising target, attributable to strong support from Parcom’s existing investor base, as well as interest from new investors both domestic and international. Fund VII’s investor roster is well-diversified by type and geography, including commitments from pension funds, insurance companies, asset managers, family offices and entrepreneurs across Europe, North America and Asia.

    Gijs Vuursteen, Managing Partner at Parcom: “We are grateful for the strong support from our existing investor base, while also being excited about welcoming new high-quality investors. With Fund VII, we look forward to continue partnering with entrepreneurs and management teams.”

    Evercore Private Funds Group acted as exclusive global placement agent and Loyens & Loeff as legal and tax counsel.