Financial services-focused private investment firm Aquiline Capital Partners LP announced Thursday that it has garnered over $3.4 billion in capital across its two latest funds: a financial services-focused private equity fund and a continuation fund.
Aquiline Secures More Than $3.4B Across 2 New Funds : Major Milestones in Fundraising
The private equity fund, Aquiline Financial Services Fund V LP, secured more than $2.3 billion in commitments, marking Aquiline’s largest fund to date. The continuation fund, Aquiline Financial Services Continuation Fund LP, raised approximately $1.1 billion in commitments, according to the announcement.
Simpson Thacher & Bartlett LLP advised on the AFS Fund V, while Willkie Farr & Gallagher LLP provided counsel on the continuation fund.
Strong Momentum and Investor Support
“Aquiline’s blend of deep financial services industry knowledge and trusted relationships has underpinned our successful fundraising activities in a challenging market,” said Managing Partner Igno van Waesberghe. “We already have strong momentum in AFS V, with capital deployed across multiple investments, and look forward to continuing the value creation journey.”
