Verto SAS (“Verto”) is pleased to announce the final close of Verto Growth II (the “Fund”) at its revised hard cap of €330 million, exceeding its €300 million target. The final close took place in July 2025, just nine months after the first close, and caps a successful oversubscribed fundraising process despite a challenging environment.
Verto Growth II represents a 138% increase over Verto’s predecessor fund, Verto Growth I, which closed at €140 million in December 2020. The fundraise received strong support from existing investors, achieving a 120% re-up rate, while new LPs – primarily French and international institutional investors – have diversified the geographic profile of Verto’s investor base, with approximately 40% of Fund commitments coming from international LPs.
In line with its step up in fund size, Verto has also significantly bolstered its investment team and support functions, with four additions in recent months: two Investment Associates, a Vice President, and a Chief Financial Officer.
Verto Growth II will continue to execute Verto’s strategy of French-focused growth equity investments in the B2B Software and Healthtech sectors, leveraging the firm’s increased sourcing and execution capabilities. The Fund will invest between €15 million and €60 million into profitable and fast-growing SMEs and has demonstrated strong early deployment, having already deployed 30% of total commitments across four transactions, with additional transactions expected to close before year-end.
Lazard acted as placement agent for Verto Growth II, and Clifford Chance LLP served as legal counsel.
About Verto
Headquartered in Paris, Verto is an independent growth equity firm, supporting profitable and fast-growing SMEs in the B2B Software and Healthtech sectors. Verto has raised c.€500 million of capital to date, with its funds currently invested in 11 portfolio companies, achieving an average top line growth above 20% per annum.
Following its spin-off from New Alpha Asset Management in 2023, Verto is owned and managed by its four Partners.