Mid-market mezzanine provider Beechbrook Capital is hoping to raise more than €100 million for its second fund, after a surge in mezzanine fundraisings in Europe.

Beechbrook raised €67 million to reach a first close - the point at which a fund can begin investing - on the fund, Beechbrook Mezzanine II, in May last year, according to Beechbrook partner Paul Shea.