NEW FUNDS
Third Fund Hits Hard Cap at Tower Arch
Tower Arch Capital has closed Tower Arch Partners III LP with $750 million of capital commitments. Fund III closed at its hard cap in a single closing and was substantially oversubscribed. Limited partners in Fund…...
Shorehill Closes Oversubscribed Fund II
Shorehill Capital has held a final, oversubscribed closing of its second fund, Shorehill Private Equity II LP, with $260 million in capital commitments, exceeding its $250 million target. Chicago-based Shorehill makes control investments in North…...
One Fund for Each Corner: L Squared Closes Fourth Fund at $840 Million
L Squared has held the final closing of its fourth private equity fund with $840 million of capital. The firm’s earlier fund closed in September 2020 with $505 million of capital. L Squared invests from…...
It’s All Green at Harvest with Close of Fund IX
Harvest Partners has closed its ninth fund, Harvest Partners IX LP, above target with $5.3 billion of capital commitments. The firm’s new fund is 30% larger than the firm’s 2019 and fully invested $4.1 billion…...
Granite Creek Closes Fund III
Granite Creek Capital Partners has held a final, oversubscribed, and hard cap closing of its third investment fund, Granite Creek FlexCap III LP, with $300 million of capital. Granite Creek began fundraising for the FlexCap…...
Great Range Hits the Hard Cap on New Fund
Great Range Capital has held a final close of Great Range Capital Fund III LP at its hard cap with $250 million of limited partner commitments. Great Range invests in Midwest-based companies that have revenues…...
RidgeLake Invests in Gridiron Capital
RidgeLake Partners has made a minority investment in Gridiron Capital. RidgeLake was formed by OA Private Capital (Ottawa Avenue Private Capital) and Apogem Capital, a subsidiary of New York Life, as a platform to acquire non-control equity interests in middle market private equity firms. “RidgeLake’s…...
