Yana – European Small-Cap Portfolio 3 SCSp held its first close on 6 February 2025. The fund is advised by Yana Investment Partners and investors include 28 institutions, family offices and high net-worth individuals from across Europe (Germany, Switzerland, France, Spain, Denmark, Sweden, Liechtenstein and Austria), more than 80% of which are existing investors in Yana’s predecessor fund. The fund will accept further subscriptions for up to 18 months from the first close date.
Like its predecessor portfolios, Yana – European Small-Cap Portfolio 3 SCSp will invest in 8-10 European privately held small-cap companies in transformational buyout, buy-and-build, replacement capital and growth situations. Investments will be made alongside experienced teams of veteran private equity deal doers, operators, and entrepreneurs, allowing the fund to access “off-market” small-cap transactions across Europe with the highest selectivity. The fund will invest over a 2-3 year period, leading to a fast build-up of exposure as well as a shorter fund life, therefore reducing the total fee load. The fund also intends to offer substantial co-investment opportunities to its limited partners. For reference, our predecessor fund offered co-investment opportunities to its investors in 7 out of 8 transactions.
Yana Investment Partners’ mission is to generate superior risk-adjusted returns for its investors by focusing on the European private equity small-cap space. Partnering with highly experienced, strategically and financially aligned deal partners results in strong “on the ground” value creation for each investment, combined with superior risk diversification across countries, sectors and deal partners.