Advance Capital Partners with quarter of a billion under management

Ljubljana, 18^th October 2024 - In the third round of fundraising, investors committed an additional EUR 27m of assets to private equity fund Advance Capital Partners SIS (ACP SIS). Advance Capital Partners has thus raised a record total of EUR 198m for its first private equity fund, with an additional EUR 50m that will be invested in the second fund, which owns the majority equity stake in Big Bang Group.

More than 100 private and institutional investors have committed a total of EUR 248m to private equity funds, managed by Advance Capital Partners. »With the completion of the third round, ACP SIS fund has further strengthened its position as the largest private equity fund in the entire Adriatic region. Assets under management will increase even further in the coming months. By the end of the enrollment period in April next year, there will be another round of fundraising, allowing new investors to join the fund, while existing investors will have the opportunity to increase their commitments,« said CEO of Advance Capital Partners Aleš Škerlak.

»In the following four years, we'll invest in up to 12 prospective regional companies, with our main focus being the Slovenian and Croatian market, from where also majority of our investors come from. In Slovenia, we have already completed the acquisition of a majority equity stake in IT company Margis and the specialized cycling and e-bikes retailer A2U. In Croatia, we acquired a majority stake in leading regional manufacturer of solar panels and a leading developer of turn-key solar power projects Solvis. Our second fund has also taken over the management of the investment in Big Bang, which has expanded into the Croatian, Serbian, and Bosnian markets in recent years,« added Aleš Škerlak.

This message is informative in nature and is intended only to inform the public about the activities of Advance Capital Partners d.d.. This message is not intended for (pre)marketing of units of the specialized or alternative investment fund Advance Capital Partners II, SIS, k.d. or Advance Capital Partners d.d., AIS II, k.d..  Advance Capital Partners d.d., SIS, k.d. (ACP SIS) has the status of a special investment fund and is subject to the supervision of Securities Market Agency. Advance Capital Partners d.d., AIS II, k.d., (ACP AIS II) is intended exclusively for professional investors.