YFM closes fund at £95.5m

YFM Equity Partners (YFM) has held the final close of its Buyout Fund III, with £95.5 million of committed funds and a high percentage of new entrepreneurial investors in place.

The fund exceeded its original £80 million target and achieved a first time YFM investor rate of 33%. This close also marks the highest amount raised to-date by a YFM Buyout Fund.

Buyout Fund III will typically invest between £5m and £15m per transaction into businesses with strong growth potential located across the UK regions.

YFM’s latest fundraise success comes during a significant period of growth for the PE firm. The firm now manages funds in excess of £630m.