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Astorg, a leading global private equity firm, is pleased to announce the successful closing of the IQ-EQ Continuation Fund capitalized by AlpInvest and Goldman Sachs Asset Management Vintage Funds, alongside a diverse group of limited partners. The Continuation Fund was established to acquire IQ-EQ, an independent global investor services provider and the last remaining asset in Astorg V ("Fund V"). The transaction was heavily oversubscribed and includes commitments from existing Fund V and new limited partners as well as significant equity contributions from the IQ-EQ leadership team.
The Continuation Fund closed at €1.3bn which includes substantial additional capital for Astorg and our investment partners to support organic growth initiatives and acquisitions,...
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