Princess Private Equity, a Partners Group vehicle, has invested in three primary private equity funds. The firm committed $25 million (€19.3 million) to Thomas H. Lee Parallel Fund VI, a fund that targets investments in large, growth-orientated buyouts of US companies.
It invested the same amount in Providence Equity Partners VI-A, a fund that primarily makes control buyout investments in media companies.
The fund committed $5 million (€3.9 million) to SV Life Sciences Fund IV, a fund that will invest in venture capital opportunities in Europe and the US.
Princess has also committed €50 million to Partners Group Direct Investments 2006 fund and $50 million (€38.5 million) to Partners Group Emerging Markets 2007 fund.
Partners Group floated Princess on the Frankfurt Stock Exchange in December. The fund committed €30 million to Terra Firma and 3i funds in December.