Claret Capital Partners
Claret Capital Partners is a London-based independent growth-debt and venture-debt fund manager backing European technology, life sciences and climate-tech companies. The firm was formed in 2020 by David Bateman and Johan Kampe through the management buyout of Harbert European Growth Capital, assuming control of the Harbert and Claret European Growth Capital funds whose platform dates to 2013. Since 2013 it has deployed over EUR 1.2 billion to more than 190 European SMEs and reports assets under management of over USD 1 billion. Claret Capital Partners Limited is authorised and regulated by the UK Financial Conduct Authority under firm reference number 993228.
Claret Capital Partners is a London private equity firm with €1.1B AUM, 34 active companies and 9 exits.
- ·5 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 6 realized deals: 3 years.
- ·Fund cadence: ~4Y between vintages · last raise 2025.
Sector breakdown
43 companiesGeography breakdown
10 geographiesKey facts
Recent exits
Claret Capital Partners sold Lyst to Zozo in 2025 after 4 years.
Claret Capital Partners sold Urban Sports Club to Wellhub in 2025 after 4 years.
Claret Capital Partners sold Endomag to Hologic in 2024 after 1 year.
Claret Capital Partners sold Codec.ai to Pentad in 2023 after 3 years.
Coverage notes
4 funds tracked, 43 portfolio companies (34 active · 9 realized). Verified weekly from public filings and deal announcements.
Investment team
Senior partners. Hand-checked from public filings and the firm's own site.
Funds & portfolio
Every fund Claret Capital Partners has raised, with its portfolio companies. Hand-checked from public filings.
Claret European Growth Capital Fund IVPrivate Debt2025€350M11 assetsPrivate Debt2025 · 1yr€350M11–
Unrealized
11 held| Company | Entry |
|---|---|
| ACT Lab Healthcare · US | 2026 |
| Cinclus Pharma Pharma · Sweden | 2026 |
| Deciphex MedTech · Ireland | 2025 |
| Fund Recs Fintech · Ireland | 2025 |
| Inventiva Biotech · France | 2026 |
| Mindler HealthTech · Sweden | 2025 |
| Montonio Fintech · Estonia | 2025 |
| Proda PropTech · UK | 2025 |
| Sides FoodTech · Germany | 2025 |
| ValueBlue Software · Netherlands | 2025 |
| Yseop AI/ML · France | 2025 |
Claret European Growth Capital Fund IIIPrivate Debt2021€297M19 assets4 exitsPrivate Debt2021 · 5yr€297M194
Unrealized
19 held| Company | Entry |
|---|---|
| Abivax Biotech · France | 2023 |
| Botify Software · France | 2024 |
| Cambridge Cognition HealthTech · UK | 2023 |
| Cardiac Dimensions MedTech · US | 2023 |
| Gridbeyond ClimateTech · Ireland | 2022 |
| HealthHero HealthTech · UK | 2023 |
| Hepster InsurTech · Germany | 2023 |
| Hivebrite SaaS · France | 2024 |
| Holidu Consumer · Germany | 2021 |
| Neurent Medical MedTech · Ireland | 2024 |
| Noda Software · UK | 2024 |
| Open Cosmos Aerospace & Defence · UK | 2023 |
| Phoenix Technologies Industrials · Ireland | 2023 |
| Quantilope Data & Analytics · Germany | 2024 |
| Spiideo AI/ML · Sweden | 2023 |
| Synapticon Industrials · Germany | 2023 |
| Territory Studio TMT · UK | 2024 |
| Wellster Healthtech HealthTech · Germany | 2022 |
| Zen Educate Software · UK | 2023 |
Realized
4 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Endomag MedTech · UK | 2023 | 2024 | Trade Sale | Hologic | – |
| Lyst E-commerce · UK | 2021 | 2025 | Trade Sale | Zozo | – |
| Playtomic Consumer · Spain | 2021 | – | – | – | – |
| Urban Sports Club Consumer · Germany | 2021 | 2025 | Trade Sale | Wellhub | – |
Harbert European Growth Capital Fund IIPrivate Debt2018€215M3 assets5 exitsPrivate Debt2018 · 8yr€215M35
Unrealized
3 heldRealized
5 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Butternut Box FoodTech · UK | 2020 | – | Secondary | General Atlantic and L Catterton | – |
| Codec.ai Data & Analytics · Ireland | 2020 | 2023 | Trade Sale | Pentad | – |
| Exoticca Hospitality · Spain | 2019 | – | – | – | – |
| Novacyt MedTech · France | 2019 | 2020 | – | – | – |
| UKCloud Cloud Infrastructure · UK | 2020 | 2022 | – | – | – |
Harbert European Growth Capital Fund IRealisingPrivate Debt2013€122M1 assetsPrivate Debt2013 · 13yr€122M1–
Unrealized
1 held| Company | Entry |
|---|---|
| Norsk Titanium Aerospace & Defence · Norway | 2016 |
About Claret Capital Partners
Claret Capital Partners is one of Europe's largest dedicated venture-debt platforms with more than $1 billion of assets under management as of December 2024 (crossed the $1 billion mark with Fund IV's second close at €350 million plus, plus €115 million plus discretionary co-investment partnerships), headquartered in London and FCA-regulated. The firm was founded in 2020 as an independent firm via spin-out from Harbert Management Corporation, with lineage dating to 2013 (Harbert European Growth Capital Fund I, founded by David Bateman and Johan Kampe). Claret has financed more than 190-200 SMEs since 2013.
Investment thesis
Claret Capital Partners deploys capital through approximately four fund generations (Harbert/Claret European Growth Capital Funds I-IV), targeting European venture debt and growth lending with non-dilutive debt solutions and tailored growth capital for high-growth SMEs. Sector focus spans technology and software, life sciences and climate tech and impact. Geographic deployment is pan-European with broad geographic spread. The platform provides growth capital with minimal equity dilution as one of Europe's largest dedicated venture-debt franchises.
Recent activity
Recent realised exits include insurtech (2026, most recent) plus prior unicorn exits in staffing-tech and fashion-tech. Recent acquisitions include new 2024 portfolio additions across community-software, medtech and market-research tech, plus 12 plus Fund IV deals from 2025 across tech, life sciences and climate tech. The platform continues active deployment of Fund IV across the European venture-debt mandate.
Frequently asked questions
- How many portfolio companies does Claret Capital Partners have?
- Claret Capital Partners has 34 active portfolio companies and 9 completed exits and 4 funds tracked on GP Intel.
- Where is Claret Capital Partners headquartered?
- Claret Capital Partners is headquartered in London, United Kingdom.
- What is Claret Capital Partners's assets under management?
- Claret Capital Partners manages approximately €1.1B in assets under management.
- When was Claret Capital Partners founded?
- Claret Capital Partners was founded in 2020.
- What sectors does Claret Capital Partners invest in?
- Claret Capital Partners invests across TMT, Software, Healthcare.
- What are Claret Capital Partners's recent exits?
- Recent realized exits by Claret Capital Partners include: Lyst (2025) to Zozo; Urban Sports Club (2025) to Wellhub; Endomag (2024) to Hologic; Codec.ai (2023) to Pentad; Butternut Box to General Atlantic and L Catterton.
Similar firms
Other private equity firms tracked on GP Intel.