Metric Capital Partners LLP (“Metric” of “the firm”), the private capital firm, today announces its successful fundraising for MCP IV. MCP IV has attracted commitments of EUR 1.2 billion, which exceeds its targeted fund raising figure of EUR 1.1 billion.
Metric was founded in 2011 to provide bespoke capital solutions to companies seeking an alternative to more traditional forms of capital. Metric has provided capital to over 30 companies since its inception, spanning a vast number of industries and across 14 countries.
Metric attracted commitments for MCP IV from a wide range of institutional investors, including investors from Asia, Europe and the Americas. Investors include sovereign wealth, public and private pension funds, endowments and family offices.
John Sinik, Founder and Managing Partner of Metric Capital, commented: “We are extremely pleased with the support from the institutional investor community that Metric Capital has received. Our fund raising process was completed in a highly efficient manner, principally driven by the strong support from our long-term relationships with our institutional investors”
In respect of the firm’s strategy, Sinik commented: “Metric has developed a differentiated approach to the provision of private capital since the inception of our firm. Not only do we offer our counter-parties a bespoke, fit-for-purpose capital solution, but we also create an attractive risk-return profile for our investors. Metric can deliver this strategy through our focus on developing a unique origination approach, coupled with the vast experience of the Metric team. In recent years we have sought to further develop our capabilities through growth in the professional staff, particularly in Continental Europe, where we now have local and consistent market presence.”