King & Wood Mallesons (KWM) advised Miura Private Equity on the structuring and closing of its third fund Miura Fund III with total capital commitments of €330 million. The Fund has received strong support from a broad and global investor base of US, European and Asian institutional investors, including insurance companies, pension funds, university endowments and funds of funds, as well as local family offices.
Isabel Rodríguez, Partner and head of Funds at KWM in Madrid, led the advice to Miura Private Equit with support from senior associate Ildefonso Alier.
With Miura Fund III, the firm plans to evolve its investment strategy towards an increasingly operational and strategic model based on three pillars: (i) entrepreneurship by converting portfolio companies management teams into partners; (ii) internationalisation through the acquisition of companies in strategic markets with the aim of promoting the creation of solid global groups; and (iii) local leadership through processes of consolidation and integration of different companies within the same sector.
Miura is private equity firm based in Barcelona, with assets under management in excess of 700 million euros. The firm specializes in investing in small and medium-sized Spanish companies, with attractive growth and consolidation plans and a clear international thesis. Miura has invested in more than 30 companies since 2008 for a total value of more than 800 million euros.