FPE Capital Fund IV secures £40m BBB commitment

AltAssets Private Equity News· June 20, 2026

FPE Capital has secured a £40 million commitment from the British Business Bank (BBB) for its latest investment vehicle, FPE Capital Fund IV. The commitment from the BBB serves as a significant boost to the firm's fundraising efforts for its fourth flagship fund. This move highlights the continued role of the British Business Bank in supporting the UK private equity ecosystem through strategic capital allocations. The investment is a key development for FPE Capital as it continues to execute its investment strategy in the lower mid-market.

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