[#Article] Andrea Mazzaferro, Managing Director and Head of Primaries Europe, was recently interviewed by James Hoctor, PhD of With Intelligence about Capital Dynamics' European mid-market strategy. To learn more, please see the below post. #PrivateEquity #PrivateAssets #MidMarket #Opportunities #Europe
Capital Dynamics is sharpening its strategy in the European mid-market, focusing on buy-and-build strategies, sector specialists, and special situations. The roughly $15bn firm is targeting pan-European sector specialists with deep expertise in technology, financial services, and healthcare. It believes Europe's fragmented market offers strong opportunities for consolidation, particularly for buy-and-build strategies, which have become a mainstay for many managers. "Valuations are becoming more attractive, and we believe GPs with strong operational expertise will be key to unlocking value in this environment," said Andrea Mazzaferro, Head of Primaries, Europe. In addition, the firm is eyeing corporate carve-outs, especially in the current high-interest-rate environment, where non-core assets of large corporations remain attractive. Capital Dynamics is open to emerging managers and is seeing opportunities in "late" primaries—funds that are already partially deployed—allowing it to invest with more insight into the portfolio's potential. Read more on the With Intelligence platform.