Claret Capital closes €575M Fund IV for European growth debt

Claret Capital Partners closed its fourth European growth-debt fund at €575 million, allocating €440 million to Fund IV commitments and €135 million to affiliated discretionary mandates. It has deployed 32% of the capital across 27 companies, including Billie, PRODA, Surfe, Cinclus Pharma and Inventiva. The raise, sourced from pension funds, insurers, family offices, private-wealth investors via an ELTIF, follows a €297 million Fund III that produced exits such as Cytora to Applied Systems and Tiqets to Expedia.