Fortino Capital closes oversubscribed PE III fund at €700 million

Fortino Capital, a specialist European investor in B2B SaaS companies, announces the final close of its third private equity fund (“Fortino PE III”) at an extended hard cap of €700 million, surpassing its initial €600 million target, with strong support from both existing and new institutional investors across Europe and the US.

Fortino PE III represents an approximately 85% increase in size over Fortino’s second PE fund and attracted commitments from a broad range of institutional LPs, including leading US pension funds and endowments, as well as banks, consultants, family offices, and sovereign wealth funds in Europe.

With this close, Fortino has now raised more than €1.5 billion across six core funds, reinforcing its position as a leading European investor with a track record of over 70 investments and nearly 30 exits. This performance is driven by Fortino’s disciplined strategy of backing B2B SaaS companies delivering mission-critical solutions, particularly in the Benelux and DACH regions, where software penetration remains comparatively low.