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British Patient Capital approves €30m commitment

The UK government-backed investor has committed to a growth equity fund.

Institution: British Patient Capital
Headquarters: Sheffield, UK
AUM: £5.8 billion

British Patient Capital, a subsidiary of British Business Bank, has committed €30 million to Partech Growth Fund II, according to a recent press release.

Fund II, which closed November 30, 2021 and raised €650 million, will invest in the TMT sectors in the Western Europe region.

As shown below, British Patient Capital tends to focus its private equity fund commitments on venture and growth-equity vehicles worldwide.