Highland Europe
London, United Kingdom Founded 2012 highlandeurope.com
Highland Europe’s latest fund is Highland Europe Fund VI: $1.2B, 2026, #43 of 427 firms by latest fund.
The numbers
| Year | Raised |
|---|---|
| 2023 | $1.1B |
| 2026 | $1.2B |
Updates from Highland Europe
Overview
Offices in London and Geneva. AUM figure is €3.75B cumulative across six funds. USD conversions approximate (EUR/USD ~1.14 Jul 2026, ~1.08 Jan 2023).
Funds
| Fund | Closed | Size | Source |
|---|---|---|---|
| Highland Europe Fund VI | 2026 | $1.2B | thenextweb.com |
| Highland Europe Fund V | 2023 | $1.1B | tech.eu |
LPs on the record
3 private foundations list on their latest IRS Form 990-PF, and 2 other LPs report holding Highland Europe’s funds.
- The Wenner-Gren Foundation for Anthropological Research Inc
- Ireland Strategic Investment Fund
- KfW Capital
2 more LPs are in the app. Find LPs that back firms like this one in Hottub’s LP Intelligence: ranked by overlap, with what each holds and how to reach it.
Firms whose LPs overlap
The firms sharing the most LPs on record with Highland Europe, relative to how many LPs each has. A peer set like this is what Find LPs ranks LPs from.
Find LPs for Highland Europe and these firms: Hottub ranks the LPs that hold their funds, the ones still adding funds first.
Reported fund performance
As reported by public LPs that invested in these funds, net of fees. “Versus vintage” ranks each fund against every other fund of the same vintage in that LP’s report, mostly private equity and venture funds. Open a fund for its cash flows and full peer ranking.
| Fund | Vintage | Net IRR | Versus vintage (IRR) | TVPI | DPI | Reported by |
|---|---|---|---|---|---|---|
| Highland Europe | — | N/M | — | — | KfW Capital | |
| Highland Europe Technology Growth II | — | N/M | — | — | Ireland Strategic Investment Fund | |
| Highland Europe Technology Growth | — | N/M | — | — | Ireland Strategic Investment Fund |
Ireland Strategic Investment Fund: NTMA Annual Report 2025: ISIF Discretionary Investments, Unquoted Investment Funds, as of December 31, 2025. The National Treasury Management Agency lists every unquoted investment fund the Ireland Strategic Investment Fund holds at the year end with two amounts in millions of euro, a "Commitment" and a "Value" (shown here as the market value); it reports no vintage year, contributions, distributions, multiple or IRR per fund, so those are blank. Dollar amounts are converted: every amount here is the printed euro amount multiplied by 1.1736 US dollars per euro, the Federal Reserve's H.10 foreign exchange rate for 2025-12-31 (federalreserve.gov/releases/h10/hist/dat00_eu.htm), and rounded to the dollar; a commitment made in another currency is printed by the Agency in euro, so it will not convert back to exactly its original amount. The Agency does not say what kind of fund each line is. Of the 162 lines in the list (total value €3,103.88 million), 28 whose own name says property, housing, hotel or logistics, infrastructure or wind and renewable power, debt, credit or mezzanine lending, or forestry are left out, as are 3 lines whose value is withheld as commercially sensitive; the other 131 are included as funds, and some of them invest in energy, housing, land or lending rather than private equity or venture capital. The separate list of unitised funds (hedge and listed-equity funds), the direct private equity holdings, loans and quoted securities in the same report are not imported. View source
KfW Capital: KfW Capital portfolio: venture capital and venture debt funds (a selection), as of October 11, 2026. KfW Capital, the venture capital arm of Germany's state development bank KfW, invests as a limited partner in European venture capital and venture debt funds. Its website names 83 fund managers it is invested with and says the list is a selection ("Eine Auswahl"), so it is not the whole portfolio. The page names managers, not the individual funds, and gives no amount, so each entry here is a manager's name as KfW Capital prints it and the commitment and every other amount, the vintage year, multiple and IRR are blank; nothing is converted from euro because no amount is published. Venture debt managers are in the list and are not marked as such. The page carries no date: the as-of date is the day it was read. View source
About this data
Fund sizes come from firm announcements, SEC filings, and press reports, converted to US dollars near the closing date. Compiled as of October 9, 2026. Notable portfolio companies are examples from public sources, not a complete list.