Equistone Partners Europe
Private equityGrowth
Investment thesis
Equistone focuses on European mid-market buyouts, primarily change-of-ownership transactions. It provides between EUR25m and EUR200m of equity to businesses with enterprise values of EUR50m to EUR500m, positioning itself as a strategic partner to management teams. The firm supports both organic growth and strategic acquisitions, drawing on a track record built since it began managing dedicated external funds in 2002, spanning over 180 investments across its core European markets.
Source: firm website, verified Aug 6, 2026.
Investments Β· 116 tracked
founders shown can be your intro pathFund performance Β· per public LP disclosures Β· 13
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Equistone Partners Europe Fund VI "E" SCSpLPs: California State Teachers' Retirement System, Pennsylvania Public School Employees' Retirement System | 2018 | β | 16.4% | 1.58x | 1.06x |
| Equistone Partners Europe Fund VI E, SCSp Private EquityLPs: Pennsylvania Public School Employees' Retirement System | 2018 | β | β | 1.50x | 1.49x |
| Equistone Partners Europe Fund VI LPLPs: Florida State Board of Administration, Maryland State Retirement and Pension System | 2018 | β | 16.6% | 1.59x | 1.06x |
| Equistone Partners Europe Fund V "D" L.PLPs: California State Teachers' Retirement System | 2015 | β | 6.6% | 1.40x | 1.13x |
| Equistone Partners Europe Fund V E, L.P.LPs: Pennsylvania Public School Employees' Retirement System | 2015 | β | 6.4% | 1.38x | 1.12x |
| Equistone Partners Europe Fund V LPLPs: Florida State Board of Administration, West Yorkshire Pension Fund, Maryland State Retirement and Pension System | 2015 | β | β | 1.41x | 1.13x |
| Equistone Partners Europe Fund IV F L.P.LPs: California State Teachers' Retirement System | 2012 | β | 14.8% | 1.75x | 1.71x |
| Equistone European Fund VLPs: Florida State Board of Administration | 2003 | β | 10.0% | 1.53x | 0.68x |
| Equistone Partners Europe Fund ALPs: West Yorkshire Pension Fund | β | β | β | 2.23x | 2.23x |
| Equistone Partners Europe Fund II ALPs: West Yorkshire Pension Fund | β | β | β | 1.52x | 1.52x |
| Equistone Partners Europe Fund III FLPs: West Yorkshire Pension Fund | β | β | β | 1.70x | 1.70x |
| Equistone Partners Europe Fund IV ELPs: West Yorkshire Pension Fund | β | β | β | 1.99x | 1.95x |
| Equistone Partnes Europe Fund VILPs: Florida State Board of Administration, West Yorkshire Pension Fund | β | β | β | 1.59x | 1.15x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What stage does Equistone Partners Europe invest at?
- Equistone Partners Europe invests at the Growth stage.
- What is Equistone Partners Europe's typical check size?
- Equistone Partners Europe typically writes checks of $27M β $216M.
- What sectors does Equistone Partners Europe focus on?
- Equistone Partners Europe focuses on Advanced Manufacturing, Consumer, Fintech, Healthtech, Logistics & Supply Chain, Media & Entertainment, Travel & Hospitality.
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