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Cathay Capital Announces Final Close of $270 Million Growth Private Equity FundSmall Cap IV, the firm's latest growth private equity fund expands its geographical focus to include consumer, healthcare, and technology companies across North America NEW YORK, June 29, 2023 /PRNewswire/ -- Cathay Capital Private Equity, a leading international investment firm, announces the final closing of $270 million for its latest growth private equity fund, Small Cap IV, to invest in healthcare, consumer, and technology companies across Europe, North America and Asia. The new fund is an expansion of Cathay Capital's middle market strategy and brings assets under management to $5.5 billion. Established in 2007, Cathay Capital has built a global ecosystem that brings together small and midsize companies, start-ups, investors, and some of the largest corporations to share in-depth sector and local market knowledge and resources to support growth. The firm has completed over 100 private equity investments, including Biose Industrie, CPAP.com, Moose Knuckles, Juliette Has a Gun, and Innovative Motion Technologies (IMT). Invesing in High-Growth Companies "The addition of North America to the growth private equity strategy builds on our success with our mid-market funds and deepens our presence in North America, notably in healthcare and consumer," said Mark Woods, Partner and Head of North American Private Equity at Cathay Capital. "We look forward to partnering with North American companies at an inflection point of growth and scale by leveraging our far-reaching ecosystem and resources to help them expand into domestic and international markets." "Our investment philosophy for SMEs leverages Cathay's global ecosystem and deep-rooted understanding of local markets to transform small organizations into larger, global champions," said Fabien Wesse, Managing Partner and Head of Small Cap at Cathay Capital. "Small Cap is one of Cathay's most established investment strategies, having completed 75 growth private equity investments since inception, and today supporting founders with four transformation pillars: top-line growth, international expansion, digitalization, and impact. We look forward to continuing to support founders in developing these key value-creation drivers for a fast and sustainable growth trajectory." Cathay Capital's latest fund is backed by a diverse group of existing and new global investors comprising sovereign wealth funds, institutional investors, corporates, and family offices. About Cathay Capital Founded in 2007 with a strong entrepreneurial heritage, Cathay Capital now manages more than $5.5 billion in assets. It has made over 250 investments in verticals including healthcare, technology, and consumer from offices in Paris, New York, San Francisco, Munich, Berlin, Shanghai, Beijing, Shenzhen, and Singapore. Media contact:
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