Eighteen48 Partners closes EUR175M first tranche for European mid-market buyout fund

This article was published on May 15, 2026 TL;DREighteen48 Partners has closed EUR175 million for the first tranche of its inaugural private equity fund, targeting EUR350 million. The London-based firm backs European mid-market buyouts sourced through independent sponsors and has deployed more than EUR200 million in the strategy since 2020. The raise comes as the independent-sponsor model gains traction in Europe after a decade of growth in the US. Eighteen48 Partners has closed EUR175 million for the first tranche of its inaugural private equity fund, targeting EUR350 million. The London-based firm backs European mid-market buyouts sourced through independent sponsors and has deployed more than EUR200 million in the strategy since 2020. The raise comes as the independent-sponsor model gains traction in Europe after a decade of growth in the US. Eighteen48 Partners, the London-based alternative asset manager co-founded by Julien Sevaux, Tarek AbuZayyad, and Edward Clive, has closed €175 million for the first tranche of its inaugural private equity fund. The fund is targeting €350 million in total and will back mid-market buyouts across Europe, sourced exclusively through independen