Diversis Capital Management has held an oversubscribed and above target final close of Diversis Capital Partners II LP with $675 million of capital commitments. The new fund was raised in just three months and exceeds the firm’s first fund which closed in 2019 with $255 million of capital. Investors in Fund II include endowments and…...
New Funds
Falfurrias Closes Oversubscribed Fifth Fund
Falfurrias Capital Partners (FCP) has closed its oversubscribed fifth fund, Falfurrias Capital Partners V LP, with $850 million of capital. FCP’s earlier fund, Falfurrias Capital Partners IV LP, closed in 2019 with $500 million of capital. The firm was founded in 2006 by Hugh McColl Jr., former chairman and CEO of Bank of America, Marc…...
Trinity Hunt Hits Fund VI Hard Cap
Trinity Hunt has closed its sixth fund, Trinity Hunt Partners VI LP, at its hard cap of $460 million. The new fund was oversubscribed and closed above its original target of $400 million. Limited partners in Fund VI include insurance companies, pension funds, endowments and foundations, consultants, fund of funds, family offices, and high-net-worth individuals…....
CPS Beats Target, Closes New $100 Million Fund
CPS Capital has held a final and above target closing of CPS Partners Fund LP (Fund I) with total commitments of C$100 million. Toronto-headquartered CPS began raising its new fund in 2020 with an original target of C$75 million. The firm was founded in 2013 by Jeff Tung and Michael Arblaster, and Fund I follows…...
NewSpring Mezzanine Closes Fund Four
NewSpring has held a final close of its fourth mezzanine fund, NewSpring Mezzanine Capital IV LP (NSM IV), with $364 million of capital, the largest mezzanine fund the firm has ever raised. NewSpring mezzanine invests in companies with at least $20 million of revenue and $2 million of EBITDA. Typical transaction types include unitranche, second…...
