Aquiline Capital Partners has successfully raised approximately £2.7 billion (equivalent to $2.3 billion) to support financial services and related technologies. Notably, AFS V, Aquiline’s fifth fund, has become their largest to date, surpassing the size of its predecessor. The fundraising campaign received strong backing from existing investors, including financial institutions, sovereign wealth funds, public pension funds, funds of funds, and family offices. In addition, significant first-time commitments came from investors across the United States, Europe, the Middle East, and Asia. Concurrently, Aquiline secured around $1.1 billion in capital commitments for its continuation fund, led by HarbourVest Partners. This continuation fund is designed to acquire selective portfolio companies from Aquiline’s second and third financial services funds. Other notable new contributors include StepStone, Ares Management, and Commonfund’s CF Private Equity business. According to Igno van Waesberghe, Aquiline’s managing partner, the firm’s deep industry knowledge and strong relationships played a crucial role in the successful fundraising efforts amid a challenging market. The capital is already being deployed across several investments under AFS V, indicating strong momentum for the fund.

Private Equity, Financial Technology, Investment Management,United Kingdom, United States, Asia, Middle East, Europe

Aquiline raises £2.7bn of fund capital