Kestrel announces new closed-end fund for UK tech investment

We are delighted to share that Kestrel has established a new partnership with a US-based Limited Partner to launch its second closed-end fund that will invest in the UK small-cap tech sector. 

This new mandate provides us with increased resources and flexibility to provide stable, long-term capital that supports the growth and development of our tech sector portfolio.  

The fund, which will have a timeframe of five to seven years, builds on our successful Take Private of IQGeo last year and represents an important step in Kestrel’s strategic evolution to offering hybrid capital that effectively bridges public and private markets, and is tailored to meet the unique needs of each portfolio company.  

This new partnership marks the launch of our second closed-end product over the past 12 months and we now have a significant proportion of our Assets Under Management in closed-end mandates. 

“Our new partnership endorses the strength and quality of Kestrel’s investment opportunities, the deep relationships we have with our portfolio companies as well as our expertise in crafting innovative and sustainable capital solutions that benefit both businesses and our investors. Closed ended fund structures give us fixed term capital duration that enable us to plan, alongside our portfolio companies, for the long term in a market that has become increasingly short term,” says Max Royde, CEO of Kestrel.