RiverGlade Capital has held a final above-target closing of its inaugural fund, RiverGlade Capital LP, with $325 million of capital commitments. RiverGlade was founded by its managing partners Garrick Rice and Danny Rosenberg in February 2017. Prior to founding, both Mr. Rice and Mr. Rosenberg were managing directors at Sterling Partners where they co-led the […]
A new private equity firm, Everglades Equity, has been formed by Brett Craig, a former member of the investment team at Hidden Harbor Capital Partners. Everglades Equity will make majority equity investments in North American-based founder and family-owned businesses that are active in the value-added distribution, facilities services, industrial services, and human capital management sectors. […]
Turning Rock Partners has held a final closing of its first institutional fund, Turning Rock Fund I LP, with more than $400 million in capital commitments. New York-based Turning Rock makes investments in both the debt and equity of North American-based small and middle-market companies. The firm is a majority woman-owned business and was founded […]
After three months in the market, Sverica Capital Management has held a first and final close of its fifth fund, Sverica Capital Partners V LP. The new fund was oversubscribed and closed at its hard cap with $450 million of capital commitments. Sverica invests from $10 million to $40 million in US or Canadian-based companies […]
One Equity Partners (OEP) has held a final closing of its seventh fund, One Equity Partners VII LP, with $1.75 billion in total capital commitments. This is the largest fund that OEP has ever raised. Limited partners in the new fund include pension funds, financial institutions, family offices, asset managers, fund of funds, insurance companies, […]
Paine Schwartz Partners has held a final closing of Paine Schwartz Food Chain Fund V LP with just over $1.4 billion of capital commitments. Fund V, which closed above target and at its hard cap, is the largest fund that Paine Schwartz has ever raised and counts as limited partners institutions from the US, Canada, […]
Hammond, Kennedy, Whitney & Company (HKW) has held a final close of HKW Capital Partners V LP (HKW V) with total commitments of $365 million. Fundraising for HKW V began in September 2017 and it closed above its $350 million target. Limited partners in the new fund include institutional investors, insurance companies, state pension plans, […]
Enhanced Healthcare Partners has held a final closing of Enhanced Healthcare Partners LP with $300 million of committed capital. The new fund will make minority and majority investments in founder and entrepreneur-led lower middle-market healthcare businesses with specific interest in physician services, pharma services, payor services, and healthcare technology sectors. Typical targets will be based […]
Advent International has held a final and hard cap closing of Advent Global Technology LP (Advent Tech) with $2 billion of committed capital. The new fund had an original target of $1.6 billion and closed after just six months of fundraising. Advent Tech follows the June 2019 final close of Advent International GPE IX LP […]
MiddleGround Capital has closed its first fund, MiddleGround Capital I LP, at its hard cap of $459.5 million. Archean Capital Partners, a joint venture between multi-family office Veritable and alternative asset manager Moelis, is MiddleGround’s anchor investor and has committed $75 million to the firm through Archean Capital Partners’ Master Fund II LP. Archean provides […]
