Kester announces first and final close of Fund IV at £425m hard cap

Kester, a leading sector-focused private equity firm, is delighted to announce the first and final close of its fourth fund, Kester Capital Fund IV ("Fund IV"), at its hard cap of £425 million. The four-month fundraise was materially oversubscribed, resulting in a single close following strong demand from existing and new institutional investors.

Fund IV represents a significant increase from Kester Capital Fund III which closed at £200 million of third-party capital. The support from existing and new blue-chip investors from the US, Europe and Asia reflects confidence in Kester’s thematic investment approach and its proven ability to deliver outstanding returns.