H2 Equity Partners, a lower mid-market private equity firm that invests in the UK and Benelux, is spinning off its Benelux business and raising a UK-focused private equity fund, according to people familiar with the matter.
Most of H2 Equity Partners' Benelux team has spun out and set up a firm called Torqx Capital Partners, which is led by partners Harmen Geerts and Peter Kroeze, who have become managing partners of the new venture.
