Peterson Partners Closes Fund 8 at $140 Million

Peterson Partners Closes Fund 8 at $140 Million

Peterson Partners has raised its eighth fund with $140 million in capital commitments. This is the largest fund ever raised by Peterson Partners.

“This new fund enables us to continue to serve as reliable capital partners to our current and future portfolio companies,” said Dan Peterson, managing partner of Peterson Partners. “We look forward to continuing to help outstanding entrepreneurs build great businesses in the years ahead. We are gratified that our limited partners have trusted us to find and nurture the kinds of leaders and companies that have provided thousands of jobs at home and abroad.”

Peterson Partners will use the proceeds of its latest fund to make private equity investments of between $2 million and $15 million. The firm provides growth and buyout capital for companies with revenue between $10 million and $50 million.

The current Peterson Partners portfolio includes a collection of companies across various industries, including JetBlue Airways and Azul Airlines in the travel industry, Ladder Capital in financial services, QMC in communications infrastructure, CLEO in software, Integra in healthcare services, and Packsize in the supply chain management industry.

Peterson Partners is led by Founder Joel Peterson, and Partners Brandon Cope and Dan Peterson. Joel Peterson, former managing partner at Trammell Crow Company, currently serves as chairman of JetBlue Airways, is a professor at Stanford’s Graduate School of Business, and sits on the Board of Overseers at the Hoover Institution. Dan Peterson, with deep experience investing in a variety of industries, including automotive, financial services and high tech, has served as managing director at Z Capital and partner at Trammell Crow. Brandon Cope, previously with Peterson Ventures and McKinsey & Company, has led several investments in a variety of industries and serves on a number of boards of directors.

Peterson Partners was founded in 1995 and has managed over $350 million in committed capital through seven funds. The firm is based in Salt Lake City (

© 2013 PEPD • Private Equity’s Leading News Magazine • 3-6-13

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