FPCI: Pergam Aurickx 2
Pergam and Aurickx have decided to pool their skills as well as their deal flow to co-invest in unlisted growth companies or in opportunistic deals.
Pergam Aurickx 2 is an FPCI (professional private equity fund) in the fundraising phase managed by Pergam and advised by Aurickx Capital.
Aurickx Capital was founded by Charles-Henri Le Bret in 2013. He holds an MBA from INSEAD and has 25 years of professional experience in investment banking (M&A, capital markets) at JP Morgan (15 years) and at UBS, where he was responsible for investment banking activities for France. He created a first closed investment vehicle consisting of a dozen lines of unlisted European mid-caps for an initial asset value of approximately 25 million euros.
Pergam Aurickx 2 favours a club deal spirit with its investors, bringing together a limited number of investors from the corporate world, CEOs, entrepreneurs, and family offices.
Private Equity Fund
- Sectors: business services, consumer goods, healthcare, industry
- Competitive advantages: pricing power, barriers to entry, structurally high ROCE
- Alignment of management: agility and performance
- Protective entry price
- Short holding period (approximately two to four years)
- Value added deals with attractive cashflows and clear exit
Our Financial instruments
- Convertible bonds
- Any instrument giving access to capital
An atypical mode of operation:
The financing round consists of individuals from the corporate, investment, and family office world whose expertise is used on certain deals. Possible co-investments on favourable terms alongside Pergam Aurickx 2 for fund investors.
An active cash segment:
Pergam Aurickx 2 may hold up to 15% cash and/or listed securities. This cash segment is intended to support IPOs in particular. Pergam Aurickx 2 may also take advantages of inefficiencies in the monitored sectors.
A unique deal flow:
Pergam and Aurickx Capital have developed numerous relationships: private equity funds, investment banks, and international family groups. Pergam Aurickx 2 provides a unique opportunity to co-invest with the major recognised players in Private Equity under preferred conditions.
|Number of co-investments||Between 10 and 12 lines in the portfolio|
|Maximum % of the fund per issuer||15%|
|Investment Period||5 years|
|Sectoral concentration||Maximum 25% on a sector|
|Foreign exchange||No systematic currency hedging|
|Minimum investment||€250,000 per investor called over 5 years|
|Name||Pergam Aurickx 2|
|Legal form||FPCI (Professional private equity fund)|
|Classification||Listed and unlisted investment funds|
|Custodian||Caceis Bank France|
|Risk profile (1: Low – 7: High)||1 2 3 4 5 6 7|
|Recommended investments period||8 + 1 + 1 years|
|Allocation of earnings||Accumulation (partial distribution possible after the 5-year lock-up period for tax purposes)|
|Valuation||Biannual, 30 June and 31 December|
|Minimum initial investment||250,000 euros|
|Initial net asset value||1,000 euros|
|Management fee||1.90% TTC including taxes per year|
|Carried Interest||15% beyond a performance of 7% per year with catch up|
|Investors||Reserved for “professional investors”|