News entreprises
Antwort Capital, a Luxembourg-based feeder fund platform, announces the successful final closing of its Antwort Buyout Co-Investment Opportunities Fund ("the Fund"), securing €17 million in commitments from more than 70 private investors across Luxembourg and internationally. The Fund gives exposure to a diversified portfolio of direct co-investments in Europe and North America by investing in Swan VI, SwanCap’s new dedicated co-investment buyout fund.
Antwort Capital has allocated a total of €45 million to SwanCap funds through Swan V and Swan VI, underscoring their commitment to the partnership and confidence in SwanCap's investment strategy.
Fund Strategy and Partnership
Swan VI, leverages SwanCap's expertise in the private equity buyout sector, implementing an integrated investment strategy exclusively dedicated to co-investments. Swan VI, the successor to Swan IV, has raised over €300 million in commitments and will continue SwanCap's proven approach of co-investing with premier private equity sponsors. SwanCap is one of the most experienced buyout co-investors globally, benefits from a curated network of 150+ GP relationships, built over two decades.
Manuel San Salvador, Managing Partner and Founder of Antwort Capital, emphasized: “Our partnership with SwanCap offers our network of private investors an appealing opportunity to invest in a proven, diversified strategy".
Vinayak Bhattacharjee, Managing Partner at Antwort, highlighted the strategic benefits: "Our collaboration with SwanCap allows us to offer superior risk-adjusted investment opportunities in a segment where return dispersion is high.
Claus Mansfeldt, Chairman of SwanCap Luxembourg, commented on the partnership: "Antwort has successfully broadened SwanCap's indirect investor base in a complementary and efficient manner. Swan VI represents one of our core strategies, making direct investments into carefully selected private equity buyouts in Western markets, with reduced fee-drag compared to typical fund-of-funds".
Performance and Track Record
SwanCap's consistent long-term performance has resulted in its funds consistently ranking in the top quartiles according to Preqin. With more than €7 billion of aggregated capital deployed across over 500 transactions, SwanCap has established itself as one of Europe's most active and successful private equity players.