Banca March successfully completes fundraising for private equity fund March PE Global III 28 March 2025 Category: Banca March The fund of funds has reached its target commitment, securing over €350 million from 720 investors, outperforming the excellent results of its predecessors, March PE Global I and II. This fundraising success was thanks to the four key attributes that set Banca March's Global PE programmes apart from the rest: shareholder support, exclusivity, maximum alignment of interests and strategic conviction. The portfolio will be invested internationally in its entirety, predominantly in the US and Europe, and will invest in funds specialising in sectors such as technology, health, services, consumer goods and industry. This strategy is one of the co-investment products offered by Banca March, a pioneer in investing in alternative assets which has been co-investing alongside its customers for 20 years. Banca March, through its private equity manager March Private Equity, has successfully completed fundraising for the fund of funds March PE Global III, securing its target commitments with over €350 million raised from 720 investors. The excellent fundraising results for this third edition of the fund mirrors the success of its predecessors. March PE Global I, launched in 2020, raised its target amount of €250 million in just four months, attracting more than 600 investors. In under 20 months, 100% of the portfolio was constructed, featuring 15 funds that have invested in over 190 underlying companies to date. March PE Global II, launched in 2022, successfully constructed 100% of its portfolio in 18 months, with 13 positions in funds. This second fund raised over €360 million in just a few months from more than 700 investors. The success of March Private Equity's programmes is thanks to four key attributes that set these products apart: shareholder support (the majority investor is always the Group), exclusivity (only sold by Banca March), maximum alignment of interests (fees charged for capital invested, not for capital committed) and strategic conviction (Banca March provides a credit line for up to 50% of contributions). Like its predecessors, 100% of this portfolio will be invested internationally, mainly in the US and Europe, through middle-market funds specialising in sectors such as technology, health, services, consumer goods and industry, as well as in other specific verticals such as education, entertainment/leisure and defence/aerospace. Manuel Travesedo, Managing Director at March Private Equity, said: “Beating our fundraising goal for the third time running is a great reflection of the trust our clients place in Banca March. Co-investment is one of the cornerstones of Banca March, affording our customers the opportunity to invest in the same products as the bank's shareholders under the same conditions. Thanks to our sector-leading solvency position, we are able to offer investment options which are highly compelling in terms of risk and return.” Banca March: a pioneer in co-investment This fund of funds is the latest addition to the Group's range of co-investment products: a unique, unrivalled series of solutions which allow Banca March's customers to invest in the same products as the bank itself. Banca March is a pioneer in alternative investment and has over 20 years' experience sharing its investment strategies with its customers. Banca March's illiquid co-investment initiatives cover a variety of illiquid assets, including venture capital, private equity, private debt, real estate and infrastructure, selected by the team to offer investment opportunities in growth sectors, making them excellent complementary strategies with minimal exposure to volatility or economic uncertainty. These products afford Banca March's customers the opportunity to invest in strategies that would otherwise only be available to large investors. Since 2008, the Banca March Group has committed more than €3.9 billion in illiquid assets, with a return multiple of 2x in the case of real economy investments. During this time, more than 3,900 customers have co-invested alongside the bank in various investments.