Hollyport Capital has announced the final close of a third private equity fund, Hollyport Secondary Opportunities III, for £30 million, attracting three-times more investors than its last fund.

Hollyport Capital has announced the final close of a third private equity fund, Hollyport Secondary Opportunities III, for £30 million, attracting three-times more investors than its last fund.

Hollyport III has already completed five investments, in line with the objective of being fully invested within its three-year investment period.

It will continue the investment strategy of the firm’s two previous funds, acquiring portfolios of mature private equity fund investments. Fund I was raised in 2007 with £6 million of commitments, while Fund II was raised in 2008 with £16 million.  

John Carter, chief executive of Hollyport Capital, comments ‘The current environment is providing us with a strong pipeline of investment opportunities, as evidenced by the five investments we have already completed since the fund’s first close in December 2010.’

Hollyport Capital is a specialist investment manager based in London focusing on mature private equity secondaries.