AnaCap Financial Partners

AnaCap Financial Partners

Trade name	AnaCap
Company type	Private
Industry	Private Equity
Founded	2005;20 years ago (2005)
Headquarters	London, England
Key people	Nassim Cherchali
Products	Leveraged buyout, Growth capital
AUM	$2.1 billion (2025)
Number of employees	<30 (2025)
Website	www.anacap.com

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. ^[1]

The firm raised its first fund in 2006, securing commitments of about €300 million. ^[2]

Subsequent vehicles brought total capital raised to roughly €2.7 billion across several funds and co-investment arrangements. ^[3]

In 2022, AnaCap’s credit division was separated into a new advisory firm, Veld Capital. ^[4]

Notable investments

AnaCap invests in mid-sized European businesses in areas such as banking technology, insurance platforms, and payment processing. ^[5]

Past portfolio companies have included:

• fintus – a German SaaS provider for financial institutions; ^[6]

• Novia Financial – a UK wealth-management platform acquired in 2020; ^[7]

• Heidelpay – a German payments business sold to KKR in 2019; ^[8]

• and Oona Health, a Danish insurance platform divested in 2023. ^[9]

Other reported transactions have involved firms in Spain, Italy and the Nordic region. ^[10]

References

1. "Company Overview of AnaCap Financial Partners LLP". Businessweek. Archived from the original on 22 November 2014.
2. "AnaCap seeks €900 m for Fund III". Reuters. 6 February 2014.
3. "AnaCap to acquire Czech bank". Private Equity Wire. 11 December 2009.
4. "AnaCap's credit arm spins out to become Veld Capital". AltAssets. 3 October 2022.
5. "AnaCap invests in German FinTech fintus". Private Equity Wire. 23 November 2021.
6. "AnaCap invests in fintus, a provider of low-code software for the financial services sector". IBS Intelligence. 23 November 2021.
7. "Private equity firm scoops up Novia platform". FT Adviser. 15 December 2020.
8. "KKR wins race to buy German payments group for €600m". Financial Times. 5 August 2019.
9. "Topdanmark to buy Oona Health for $321m". Life Insurance International. 17 March 2023.
10. "AnaCap to acquire majority stake in Yard Reaas". PE Hub Europe. 8 April 2024.