Advance Capital Partners Raised EUR 249 Million for Its Private Equity Fund

Ljubljana, 22^nd December 2025 – In the fourth fundraising round for its private equity fund, Advance Capital Partners has secured an additional EUR 51 million in investor commitments. Total commitments for the Advance Capital Partners SIS fund (ACP SIS) have thus increased to EUR 249 million, bringing total assets under management across both Advance Capital Partners’ funds to EUR 300 million.

“With the last fundraising round, we received additional confirmation of our strong track record to date, as many existing investors decided to increase their commitments and we were joined by 30 new investors,” said Aleš Škerlak, President of the Management Board of Advance Capital Partners, adding that more than 130 investors have committed capital to the fund, including many successful Slovenian and Croatian entrepreneurs and practically all major Slovenian and Croatian pension funds and insurance companies.

ACP SIS has already invested in six companies. The fund has acquired majority equity stakes in the regional footwear and fashion accessories retailer Mass, Croatian company Solvis, a manufacturer of solar panels and leading provider of energy solutions in the region, IT company Margis, Mikrocop, and the specialized retailer of high-quality and electric bicycles A2U and has also completed the acquisition of the tourism company Unitur, which operates the Rogla ski resort and Terme Zreče. “Considering the planned acquisition of the Austrian footwear giant Leder & Schuh, which is in the final phase, we already invested approximately EUR 120 million, or just below half of the investors’ committed capital, over the past two years. In the next two to three years, we plan to invest in a further three to four companies, while the commitments from the recent round will be primarily allocated to follow-on acquisitions carried out by our existing portfolio companies,” added Aleš Škerlak.

This notice is of an informative nature and is intended solely to inform the public about the activities of Advance Capital Partners, upravljanje alternativnih investicijskih skladov, d.d., Dalmatinova ulica 8, 1000 Ljubljana, Company Registration Number: 9430598000, Tax Identification Number: SI63283069, Registered Capital: 684,200.00 EUR, which is registered with the District Court in Ljubljana, www.acp.si (Advance Capital Partners d.d.), and is authorized by the Securities Market Agency to manage alternative investment funds. Nothing in this notice shall be construed as a promise, guarantee, or projection of future performance or results. Advance Capital Partners d.d. manages two alternative investment funds, i.e., Advance Capital Partners d.d., specialni investicijski sklad, k.d., Dalmatinova ulica 8, 1000 Ljubljana, Company Registration Number: 9450017000, Tax Identification Number: SI75430576, which has the status of a special investment fund and is subject to the supervision of the Securities Market Agency, and Advance Capital Partners d.d., alternativni investicijski sklad II, k.d., Dalmatinova ulica 8, 1000 Ljubljana, Company Registration Number: 9699597000, Tax Identification Number: 40649466, which is intended exclusively for professional investors. This notice does not constitute a marketing communication, an offer, or an invitation to subscribe to or acquire units of the specialized investment fund Advance Capital Partners, d.d., SIS, k.d., or the alternative investment fund Advance Capital Partners d.d., AIS II, k.d. This is a marketing communication. Please refer to the Offering Memorandum of the Advance Capital Partners d.d., SIS, k.d., and Advance Capital Partners d.d., AIS II, k.d., and the KID before making any final investment decisions.