One Peak, a technology investor for growth stage companies in Europe, has announced the closing of One Peak Growth II at its hard cap of EUR 443 million (USD 507 million), the company said.
The fund was significantly oversubscribed and closed at the upwards revised hard cap, taking the firm´s assets under management to c. EUR 700 million. The fundraise launched in Q1 2020 and closed in Q2 2020.
One Peak, founded by Humbert de Liedekerke and David Klein in 2014, primarily targets significant minority investments in proven, rapidly growing European technology companies with global ambitions. The firm partners with Europe´s best entrepreneurs in scaling their businesses by providing growth capital, operating expertise through its value creation team, and access to its extensive network of relationships. One Peak´s primary objective is to help European founders transform innovative businesses into lasting, category-defining leaders.
Commitments to One Peak Growth II came from a diverse group of global investors, including university endowments, foundations, public pension plans, fund of funds, and family offices.
Proskauer Rose and Van Kampen Liem served as fund counsel and Houlihan Lokey served as placement agent for One Peak Growth II.
One Peak is a growth equity firm investing in technology companies in the scale-up phase. The firm provides growth capital to exceptional entrepreneurs with a view to transform innovative and rapidly growing businesses into lasting, category-defining leaders. One Peak´s investments include HighQ, Neo4j, DocPlanner, Spryker Systems, Concentra Analytics, Quentic, Coople, and DataGuard. To learn more, visit www.onepeakpartners.com.