New semi-liquid fund domiciled in Luxembourg will invest in middle market private equity companies in the U.S. and Europe
PHILADELPHIA, Pa. and ZURICH, Nov. 24, 2025 -- Future Standard, an $86 billion global alternative asset manager, today announced the launch of the FS Mid Market Private Equity Fund ("FS MPE" or "the Fund"), a new semi-liquid strategy providing diversified access to high-quality private equity investments across the U.S. and Europe's middle market.
The Fund seeks to capitalize on the strength and resilience of the middle market — a segment that has historically delivered attractive risk-adjusted returns and driven much of the private equity industry's long-term value creation. FS MPE builds on Future Standard's 30-year track record in private markets and its deep network of relationships with top-tier private equity sponsors.
"The middle market remains an engine of growth, but its real potential lies in areas others often overlook," said Nicolas von der Schulenburg, Managing Director and Co-Head of the European Investment team at Future Standard. "Through FS MPE, we're uncovering differentiated opportunities and offering clients access to a diversified portfolio of high-quality sponsors and companies — all within a structure designed for long-term alignment and liquidity."
FS MPE launches with a diversified seed portfolio of more than $200 million spanning across 30 middle market funds and focuses on secondaries, co-investments and primary investments. It provides immediate exposure to a range of private equity sponsors and middle market companies across key sectors, including technology, healthcare, industrials and consumer goods. The Fund is anchored by COPRÉ, a semi-autonomous and independent collective pension foundation with over CHF 7 billion in assets under management.
"The U.S. and European middle markets offer a broad, less competitive opportunity set with flexible exit routes—ideal for creating lasting value," said Mike Kelly, Co-President and Chief Investment Officer at Future Standard. "This strategy reflects our ability to identify and evaluate opportunities others might miss, leveraging our experience across primary, secondary, and co-investments to deliver compelling outcomes for clients."
About Future Standard
Future Standard is a global alternative asset manager serving institutional and private wealth clients, investing across private equity, credit and real estate. With a 30+ year track record of value creation and over $86 billion in assets under management (as of March 31, 2025), the firm backs business owners and financial sponsors that drive growth and innovation across the middle market. For more information, visit futurestandard.com.
This News is brought to you by Qube Mark, your trusted source for the latest updates and insights in marketing technology. Stay tuned for more groundbreaking innovations in the world of technology.
