Bregal Investments has secured a €400m capital commitment for Bregal Milestone’s private capital fund, which will be dedicated to making debt and structured/minority equity investments in growing European middle market companies.
Bregal Milestone will make non-control investments in profitable, growing European family and founder-led businesses with global ambitions. The fund has a mandate to provide debt, structured equity and other minority investments tailored to suit the specific needs of each company.
Bregal Milestone focuses on investing in businesses with strong management teams and proprietary products and services. Typical commitments range from €20m to €60m. The Bregal Milestone team will also provide strategic assistance, putting the firm’s knowledge and relationships to work for the service of its portfolio companies to accelerate growth and create lasting value.
Bregal Milestone is led by Jan Bruennler, Philippe Lautenberg and Cyrus Shey, a tight-knit group of partners with a track record of successful growth and middle market investing. Prior to founding the firm, Jan was a co-founding partner at Makuria Investment Management, and previously invested in and financed European companies at Och-Ziff and Goldman Sachs.
Lautenberg and Shey were the co-founders and heads of Credit Suisse’s European Middle Market Lending group, having previously held senior investment roles at Credit Suisse and Goldman Sachs, respectively.