Fund Portfolio

Growth III

Crescenta Private Equity Growth Top Performer III, FCR

€10,000

Minimum investment

(to be drawn down gradually)

€50M

Fund size

2.5x

Net MOIC*

+18%

Net IRR*

Prospectus and management regulations

KID

Invest

*The figures presented refer to simulated historical performance. Past performance is not a reliable indicator of future results. Reference period: Funds from vintages prior to the underlying funds or funds deemed substantially identical whose investment periods have ended, measured over full twelve-month periods. Source of information: Management firms of the funds considered for simulation purposes. Private equity investments involve significant risks that investors must be able to evaluate. More info at crescenta.com/condiciones.

Our Flagship Fund

This fund is the third edition of our Crescenta Private Equity Growth Top Performers strategy and stands as Crescenta's flagship fund.

+1.500

Investors have already invested in this strategy through the first two editions of the Growth fund.

5-7 funds

With a single investment, you gain access to a portfolio of 5–7 funds from international management firms with decades of track record and strong performance.

A unique combination

We build a portfolio that invests in a select number of top funds specializing in tech-enabled companies with high upside potential.

Our Growth portfolios stand out for their distinctive positioning—offering lower risk than Venture Capital and higher return potential than traditional Buyouts.

Diversification
fund objective

Sectors

Exposure to different tech-enabled
sectors (software).

Technology80%

Healthcare10%

Consumer5%

Financial5%

Geography

Geographically, the fund will focus on the United States (50–70%) and Europe (20–40%), which represent the primary global tech innovation hubs. Additionally, it may maintain residual exposure in other regions (0–20%) to capture selective opportunities in markets with favorable digitization and growth dynamics.

United States50–70%

Europe20–40%

Rest of world0–20%

Portfolio funds

Featured fund

Hg Genesis

About Hg

Hg is a leading investor in European and transatlantic software and services businesses across various market segments. It invests across three specialized strategies: Mercury, Genesis, and Saturn, targeting companies at different growth stages and sizes.

It currently has over 1,600 active projects, with more than 60 companies deploying generative AI.

Año de fundación1990

Activos bajo gestión$110,000M

Empleados420

OficinasLondres, NY, San Francisco, Múnich, Paris y Singapur

The fund: Hg Genesis

The Crescenta Growth III fund invests in Genesis, a strategy focused on taking controlling stakes in software and tech-enabled services companies in Europe and, to a lesser extent, the US. It drives value creation using a buy-and-build strategy.

Geografía

Europe

Inversiones

60–70

Tamaño del fondo

€7,500M

Tamaño de empresa

€350–750M (equity value)

Source: HG Capital (www.hgcapital.com)

They typically invest in companies providing mission-critical services, ensuring resilient demand and high margins.
They target subscription-based businesses that deliver stable cash flows and greater visibility into future revenues.
They generally acquire companies with strong fundamentals, such as a fragmented customer base, low capital requirements, and high cash conversion.
They seek defensive businesses with low sensitivity to economic cycles and consumer sentiment, helping mitigate market risk.

Other underlying funds

How does a fund work?

Private equity is a long-term investment. During the early years, the committed capital is invested gradually through capital calls as the funds select and invest in private companies. When these companies are sold, investors receive their invested capital back along with any potential returns generated.

Once you determine the amount of capital you wish to commit, an initial capital call of approximately 20–25% will be made.

As funds identify opportunities to acquire companies, they request a percentage of your commitment. The investment typically represents 20–25% of the total commitment.

When funds determine they have generated sufficient value, they proceed to sell the companies, returning your initial investment plus any potential returns generated.