BEX CAPITAL
BEX CAPITAL is a secondary and other fund in global writing $5M–$1B checks into private-equity.
- Stages
- secondary, other
- Sectors
- private-equity
- Check size
- $5M–$1B
- Invests in
- global
- Actively investing
- Yes
- Founded
- 2010
- Assets under management
- $2B+
Thesis
BEX Capital is a specialized investment firm established in 2010, focusing on the private equity secondaries market, particularly fund-of-funds, secondary funds, and co-investment funds. Their strategy involves acquiring limited partnership interests in these types of funds to provide liquidity to investors. The firm operates globally, with offices in Nice, France, and New York. As of April 2025, BEX Capital manages over $2 billion in capital. Their latest fund, BEX Fund V, closed at $765 million in September 2024. Investment tickets range from $5 million to $1 billion. In April 2025, Sagard acquired a significant stake in BEX Capital, enhancing Sagard's private equity secondaries offering. BEX Capital is committed to ESG principles and became a UNPRI Signatory in 2019, also engaging in societal give-back initiatives. The firm does not invest in companies at specific funding stages but rather in funds. The legal name is BEX Capital, and its headquarters are in Nice, France.
Common questions
Does BEX CAPITAL invest at the secondary stage?
Yes. BEX CAPITAL lists secondary and other among the stages it invests in.
What check size does BEX CAPITAL write?
BEX CAPITAL writes $5M–$1B checks.
Where does BEX CAPITAL invest?
BEX CAPITAL invests in global.