Pi Capital has secured a unique opportunity to participate in a new European-focused leisure fund.

The fund has been established by Pi members, Jason Katz and Hugo Robinson, who have 24 years of combined experience in the financial services industry, with a particular focus on the leisure sector. They closed a first round on £55 million, with all commitments secured from approximately 40 senior executives operating in the leisure sector.  The fund will focus exclusively on the leisure sector (70% UK and Europe) and will back proven management teams, ideally with links to the KPC founders and investors.