DBAG Fund IV

DBAG Fund IV was the first closed-end fund raised by DBAG that was geared to the practices common to the private equity industry (management fees based on committed capital, carried interest by the investment team). For the first time, the fund included external investors who had not previously belonged to the group of partners or shareholders of DBAG and its predecessor companies.

The fund acquired investments in ten mid-market companies from October 2002 to February 2007. The investments were structured as management buyouts. They have all been realised. All of the companies were headquartered in Germany. Four portfolio companies operated in mechanical and plant engineering, three were automotive suppliers. The portfolio also included an industrial services provider, in addition to a building supplier and a speciality chemical company.