SEPI to Invest in Ace Aerofondo IV
Posted on 06/11/2021
Ace Capital Partners is a private equity unit of Tikehau Capital. Ace Capital Partners launched Ace Aerofondo IV. The fund will target lower- and upper-middle-market companies in the Spanish aerospace and defense sector. The vehicle is looking to raise between €150 million and €200 million, with a €100 million first close expected in June. In addition to Tikehau Capital, investors in the fund include Airbus, Spanish sovereign wealth fund Sociedad Estatal de Participaciones Industriales (SEPI), and Madrid-based Indra Sistemas, S.A.