One Peak Closes €443 Million Growth Fund

By Amit Chowdhry • Jul 27, 2020
  • One Peak — a leading technology venture investor for growth-stage companies in Europe — announced the closing of One Peak Growth II at its hard cap of €443 million

One Peak — a leading technology venture investor for growth-stage companies in Europe — announced the closing of One Peak Growth II at its hard cap of €443 million. The fund was significantly oversubscribed and closed at the upwards revised hard cap thus taking the firm’s assets under management to €700 million.

One Peak — which was founded by Humbert de Liedekerke and David Klein in 2014 — primarily targets significant minority investments in proven, rapidly growing European technology companies with global ambitions. And the firm partners with Europe’s smartest entrepreneurs in scaling their businesses by providing growth capital, operating expertise through its value creation team, and access to its extensive network of relationships. One Peak’s primary objective is to help European founders transform innovative businesses into lasting, category-defining leaders.

Some of One Peak’s investments include HighQ, Neo4j, DocPlanner, Spryker Systems, Concentra Analytics, Quentic, Coople, and DataGuard.

The commitments to One Peak Growth II came from a diverse group of global investors, including university endowments, foundations, public pension plans, fund of funds, and family offices.

Proskauer Rose and Van Kampen Liem served as fund counsel. And Houlihan Lokey served as placement agent for One Peak Growth II.

KEY QUOTES:

“We have seen first-hand the emergence of a thriving European technology ecosystem over the past few years, and we are particularly impressed with the new crop of entrepreneurs who start their companies in Europe but have the ambition to win at global scale. These are the type of founders we want to partner with and support them with our sector expertise, global network, and value creation platform.”

— One Peak Managing Partner David Klein

“The fund close comes at an opportune time in view of the current economic backdrop, which forces businesses globally to accelerate their digitalization efforts. We believe this creates plenty of opportunities for technology companies. We are grateful and humbled by the support of our investors and look forward to continuing to help some of Europe’s most ambitious founders and teams build enduring companies.”

— One Peak Managing Partner Humbert de Liedekerke