Funds
Superior Returns driven by our Highly Selective Investment Approach & Investment Excellence

SwanCap provides access to high quality private equity investments via top-ranked closed-end funds and its managed accounts. Since the launch of our debut fund in 2013, SwanCap has attracted €4+ billion of commitments from high-calibre institutional investors and well-known family offices from Europe, Asia and North America.
Our performance track record has been regularly recognised in leading industry rankings. For example, we are one of the top 10 fund-of-funds managers according to Pitchbook (global, 2024) and HEC-Paris named SwanCap as the best European private equity fund-of-funds manager (global, 2023).
Across 20+ years of investing in private equity and across various economic cycles, SwanCap has accomplished an investment track record without a single loss-making vintage year. We regard this achievement as proof of our excellence in sourcing high-quality opportunities, selecting the best investments and creating well-diversified, downside protected portfolios.
Our Funds
In 2013, SwanCap closed its debut fund, Private Equity Opportunities Fund I (“Swan I”), above target with capital commitments of ~€850 million, and with the participation of a range of blue-chip institutional investors.
- Investment Strategy: Multi-strategy approach combining Primary Fund Commitments, attractive Direct Co-Investment opportunities and high-conviction Direct Secondary Transactions in addition to an attractive seeded portfolio;
- Investment Focus: Europe & North America; Mid-Market to Large-Cap;
- Investment Status: Fully committed and in harvest mode.
In 2014, SwanCap closed its second fund, Private Equity Opportunities Fund II (“Swan II”), above target with capital commitments of ~€600 million and the participation from numerous blue chip institutional investors.
- Investment Strategy: Multi-strategy approach combining compelling Primary Fund Commitments, attractive Direct Co-Investment opportunities and high-conviction Direct Secondary Transactions on top of an attractive seeded portfolio;
- Investment Focus: Europe & North America; Mid-Market to Large-Cap;
- Investment Status: Fully committed, in realisation mode.
In 2017, SwanCap closed its third-generation multi-strategy fund, Private Equity Opportunities Fund III (“Swan III”), above target with capital commitments far in excess of the €400 million target.
- Investment Strategy: Multi-strategy approach combining compelling Primary Fund Commitments, attractive Direct Co-Investment opportunities and high-conviction Direct Secondary Transactions on top of an attractive seed portfolio;
- Investment Focus: Europe & North America; Mid-Market centric;
- Investment Status: Fully committed, in deployment mode.
In 2019, SwanCap closed its first fully dedicated co-investment fund, Private Equity Co-Investment Opportunities Fund IV (“Swan IV”). Swan IV closed above the €300m target commitments.
- Investment Strategy: Exclusive focus on Direct Co-Investment opportunities;
- Investment Focus: Europe & North America; Mid-Market to Large-Cap;
- Investment Status: In its investment phase.
In 2020, SwanCap closed its fourth-generation multi-strategy fund, Private Equity Opportunities Fund V (“Swan V”), above target with capital commitments far in excess of the €400 million target.
- Investment Strategy: Multi-strategy approach combining compelling Primary Fund Commitments, attractive Direct Co-Investment opportunities and high-conviction Direct Secondary Transactions on top of an attractive seed portfolio;
- Investment Focus: Europe & North America; Mid-Market centric;
- Investment Status: In its investment phase.
In 2024, SwanCap closed its second fully dedicated co-investment fund, Private Equity Co-Investment Opportunities Fund VI (“Swan VI”). Swan VI closed above the €300m target commitments.
- Investment Strategy: Exclusive focus on Direct Co-Investment opportunities;
- Investment Focus: Europe & North America; Mid-Market to Large-Cap;
- Investment Status: In its investment phase.
Kindly acknowledge that this is not an offer or solicitation of an offer for any SwanCap fund. Performance data of our funds and investments are available for LPs only.