Dominus Capital has held a final close of its second fund, Dominus Capital Partners II, LP, at its hard cap of $400 million in limited partner capital commitments, higher than its fundraising target of $350 million and more than doubling its debut fund.
Dominus received strong interest from both new and existing investors and did not use a placement agent. Limited partners in the new fund include several new domestic and international institutional investors including endowments, state pension plans, and one large sovereign wealth fund.
As with its debut fund, Fund II will make control equity investments in North American services, consumer, and industrial middle market companies that have between $10 million and $30 million of EBITDA.
Dominus Capital was founded by Gary Binning, Bob Haswell, and Ashish Rughwani – all former Quad-C Management executives – in 2008. The group of founding partners was later joined by several CEOs of past portfolio companies that now serve as Operating Partners of the firm. Dominus Capital is headquartered in New York (www.dominuscap.com).
© 2016 PEPD • Private Equity’s Leading News Magazine • 1-12-16