Rubicon Partners is pleased to announce the first close of its first institutional fund, Rubicon Partners V (“Fund V”), with a ten year mandate to invest in Complex Industrial businesses in the UK and Europe.
Over the past 27 years Rubicon has consistently delivered exceptional returns to its investors through a series of long-term deal-by-deal partnerships with institutions and family offices. The transition to an institutional fund structure at a time of significant market uncertainty reinforces Rubicon’s commitment to its strategy as long-term investors in industrial businesses which require, in addition to capital, operational, financial and strategic development.
As a mark of this commitment, the Rubicon team are one of the principal investors in Fund V. The team are honoured to be supported by investors from its previous partnerships as well as by a group of new LPs including leading institutional investors from across the UK, Europe and North America.
The Rubicon strategy – Complex Industrial – is focused on investments which require an experienced, active partner to address transactional and business complexity. Complexity typically comes in the form of businesses with either missing management elements, break-ups / carve-outs or underperfomance. As such, the majority of Rubicon’s investments are acquisitions either from retiring owner-managers and families, or non-core carve-outs from larger industrial groups.
Fund V will continue this strategy by providing a committed base of capital over a long-term period, with an ability to invest in businesses ranging in value from £20m to £200m.
Rubicon has an active pipeline of new investment opportunities and has already made its first investment in Fund V.