Merchant Banking

Five Arrows Private Equity Programme (FAPEP) is Merchant Banking’s global multi-managers private equity platform.

FAPEP capitalises on Merchant Banking's private equity expertise and over-the-cycle performance to invest globally across the private equity asset class: fund investments, secondary and co-investments.

Given Rothschild & Co's presence in 50 offices across the globe and the FAPEP team's long-standing private equity experience, FAPEP has access to an unparalleled network of contacts and benefits from unique insight into the mid-cap segment, enabling us to identify and diligence attractive opportunities.

FAPEP's focus is to give access to a selected pool of top-tier managers, while enabling access to the wide array of Rothschild & Co's private equity initiatives. In order to mitigate regional cycles, FAPEP invests in growth capital and buyout situations in Europe, in the US and in emerging markets.

In addition to fund investments capabilities, we can also provide private equity managers with secondary combined with ample direct co-investment firepower, enabling us to act as an experienced and user-friendly partner in specific situations. 

Focus on capital preservation

Thanks to its widely diversified portfolio, conservative views on leverage and disciplined investment approach, FAPEP aims to generate attractive risk-adjusted returns with strong downside protection.

Our team