PAI Partners Raises €5 Billion for Its Seventh Fund

April 4, 2018

Paris office advised PAI Partners in France on the fundraising of its seventh Pan-European private equity fund, PAI Europe VII.

On March 29, Willkie’s longtime client PAI Partners announced the final closing of its seventh Pan-European private equity fund, PAI Europe VII. The fund was oversubscribed and reached its hard cap of €5 billion in less than six months.

PAI Partners is a major European private equity firm and is one of the largest private equity investors headquartered in Europe. PAI Europe VII will pursue investments in upper middle-market continental European companies, with a focus on PAI’s core sectors: business services, food & consumer goods, general industrials, healthcare and retail & distribution.

The fund formation team in Paris has previously advised PAI Partners on all of its fundraisings including Fund PAI Europe III, PAI Europe IV, PAI Europe V, PAI Europe VI and PAI Europe VII. We have also been involved on all of PAI Partners’ dedicated co-investments funds.

The Willkie team was led by partner Nathalie E. Duguay and included associates Raphaël Bloch, Maxime Hemled, Loïc Toilier and Patrick Biancaniello.