AUA Private Equity Partners has held a final and oversubscribed closing of AUA Private Equity Fund II LP with total capital commitments of $310 million. AUA’s new fund beat its initial target of $300 million and its new and existing limited partners include pension funds, foundations, family offices, fund of funds, and high net worth […]
Archives for May 4, 2021
New Fund for New State
New State Capital Partners has closed its third institutional investment fund, New State Capital Partners Fund III LP (Fund III), with $450 million of committed capital. New State’s newest fund was over-subscribed and closed at its hard cap after just four months of fundraising. Limited partners in Fund III include public and private pension funds, […]
Kinderhook Adds to Circon
Circon Environmental, a portfolio company of Kinderhook Industries, has acquired Water Integrated Treatment Systems (WITS). WITS is a provider of non-hazardous liquid waste treatment, transportation, and testing services to companies operating in the automotive, chemical, food and beverage, oil and gas, and utility sectors. The company was founded in 2015 by Rico Martinez and operates […]
Bestop Acquires MGP Caliper Covers
Bestop, a portfolio company of Kinderhook Industries, has acquired Marshall Genuine Products (MGP). MGP manufactures caliper covers that are used by automotive enthusiasts to keep wheels clean from brake pad dust by redirecting the dust toward the rear of the vehicle. MGP was founded in 2008 by Mike Barland and is headquartered near San Diego […]