Quilvest Capital Partners also participated in the single-asset CV for a UK-based logistics solutions company.
The strategy, anchored by a Korean institutional investor, has adopted an evergreen semi-liquid structure aimed at capturing emerging credit secondary opportunities throughout the cycle.
The European growth buyout investment manager closed a €635 million multi-asset CV earlier this year.
The UK accountancy group is reportedly valued at more than £1 billion, with Penta retaining management of the asset after abandoning an earlier sale.
The single-asset vehicle for Dutch technical services provider VDK saw investors representing more than 40% of EMK Fund I's capital elect to roll over.
The vehicle is set to acquire the firm's 20% stake in the asset, reportedly valued at around €170 million.
The single-asset vehicle extends the firm's ownership of a German adult-education platform which it first backed in 2020.
The deal brings Bow River's $1.3 billion fund onto Apogem's platform alongside its GP-led, LP secondary, and GP stakes businesses.
We examine the Q2 capital flows, investment activity, and performance of the Bow River Advisers-managed interval fund.
