AnaCap Financial Partners

AnaCap Financial Partners (AnaCap) is a London-based British private equity fund manager that invests in software, technology and services within the European financial sector.

Since January 2023, AnaCap has been led by Managing Partner Nassim Cherchali.

History

AnaCap was established in 2005 as an investment firm focused on financial sector opportunities across Europe.

The firm raised its first fund in 2006, securing commitments of about €300 million.

Subsequent vehicles brought total capital raised to roughly €2.7 billion across several funds and co-investment arrangements.

In 2022, AnaCap’s credit division was separated into a new advisory firm, Veld Capital.

Notable investments

AnaCap invests in mid-sized European businesses in areas such as banking technology, insurance platforms, and payment processing.

Past portfolio companies have included:

• fintus – a German SaaS provider for financial institutions;

• Novia Financial – a UK wealth-management platform acquired in 2020;

• Heidelpay – a German payments business sold to KKR in 2019;

• and Oona Health, a Danish insurance platform divested in 2023.

Other reported transactions have involved firms in Spain, Italy and the Nordic region.

References