BEX Capital Reaches $765m Close for Fund V Amid Leadership Transition

BEX Capital, a specialist in private equity secondaries and fund of funds, has successfully closed its fifth fund at $765 million. This marks the firm's first capital raise since the passing of founder Benjamin Revillon last year. Despite the leadership transition, BEX Capital has attracted strong interest from institutional investors, demonstrating confidence in the firm's strategy. The firm, headquartered in Nice, France, focuses on investments in private equity secondaries globally, offering diversified exposure through fund of funds. Fund V will continue this strategy, targeting high-quality secondary transactions across Europe and North America.