Langham Hall supports bd-capital’s €430 million fundraise
Langham Hall is pleased to announce it has supported bd-capital in the successful final closing of its second fund, bd-capital Fund 2 (“Fund 2”). Despite a challenging fundraising environment, Fund 2 closed at €430 million – more than 20% over its target of €350 million – after less than twelve months in the market.
Contributors
This raise brings bd-capital’s assets under management to over €800 million. The strong demand for Fund 2 reflects the confidence investors have in bd-capital’s operator-led, multi-sector investment strategy, which continues to grow its appeal to mid-market businesses across Europe.
The Fund secured commitments from a diverse base of institutional investors, including insurance companies, pension funds, sovereign wealth funds and family offices. It attracted capital from across Europe, the Middle East and North America, with a significant proportion coming from the US, demonstrating bd-capital’s growing international reach and reputation.
As bd-capital continues to execute its pan-European, multi-sector, operator-led strategy, Langham Hall has provided fund administration services, ensuring seamless structuring and operational support throughout the fundraising process.
“It has been a pleasure to work with bd-capital on this milestone fundraise. It’s an incredible achievement to exceed their fundraising target in difficult fundraising conditions but their unique approach and dedication to their cultural values resonates well with everyone they partner with. It’s been an honour for the team at Langham Hall to have been involved with Andy, Richard, Alice and the entire bd-capital team since their launch in 2020.”
— Jon Young, Partner and Head of Guernsey
“Fund 2’s successful final close reflects not only the strength of our investment strategy but also the strength of the partners who have helped us achieve it. Langham Hall has been a fantastic partner to us, delivering incredibly high-quality support with precision and efficiency. By being brilliant at fund administration, they have allowed us to focus on the job of investing and creating value.”
— Andy Dawson, Managing Partner at bd-capital
bd-capital was advised by Houlihan Lokey (global placement agent), Weil, Gotshal & Manges (legal counsel) and Carey Olsen (legal counsel).
