Cinven has raised €2.3 billion ($2.7 billion) for its latest mid-market buyout fund, Strategic Fund 2, exceeding its target amid strong demand for buyout assets that can be more easily monetized. The fund is 75% larger than its predecessor and will focus on investments in financial services, business services, and technology, media, and telecommunications sectors. The fundraising milestone reflects continued investor appetite for mid-sized private equity deals despite market volatility.

Cinven, a leading international private equity firm, aims to deploy capital in companies with strong growth potential across its target sectors. The oversubscribed fund close underscores the resilience of mid-market strategies in the current economic environment.