JMI Equity has closed JMI Equity Fund IX LP at its $1.2 billion hard cap. The new fund received support from both existing and new investors. JMI Equity invests from $15 million to $125 million of minority and control equity in software companies that have from $10 million to $200 million in revenue. JMI is […]
Windjammer Capital has closed its fifth fund, Windjammer Senior Equity Fund V LP, at the hard cap of $870 million. The firm’s earlier fund closed in March 2013 with $726 million of committed capital. Windjammer invests equity and subordinated debt as a control investor in middle market businesses located in the US or Canada that […]
Luminate Capital Partners has closed Luminate Capital Partners II LP with $425 million of committed capital. The firm’s earlier fund closed in June 2017 with more than $265 million of capital commitments. Luminate makes control investments in companies operating in the software and software-enabled services sectors. Specific areas of interest include vertical applications, SaaS, back […]
Sole Source Capital has closed its inaugural funds, SSC Partners I LP and SSC Partners I-A LP, at the combined hard cap of $160 million. Sole Source is an operationally-focused lower-middle market private equity firm that targets controlling interests in manufacturing, distribution, and industrial service companies that have from $50 million to $200 million of […]
ParkerGale has closed the firm’s second buyout fund at the hard cap of $375 million and above the target of $300 million. Chicago-based ParkerGale makes control investments in profitable, founder-owned technology companies and corporate carve-outs in the small end of the middle market. The firm generally commits $30 million to $50 million of equity in […]
Monroe Capital has held a final close of Monroe Capital Private Credit Fund III (Fund III) with $1.33 billion of limited partner commitments. When combined with targeted leverage, Fund III will have more than $2.5 billion of capital available for investment. Fund III will invest in private credit transactions originated and underwritten by Monroe including […]
Main Post Partners has held a final closing of its second fund, Main Post Growth Capital II LP (Fund II), with $700 million of capital commitments. The new fund was oversubscribed and closed at its hard cap less than three months after the launch of fundraising. Main Post makes both control and non-control investments in […]
Littlejohn & Co. has held a final closing of Littlejohn Fund VI LP with $2.84 billion of committed capital, exceeding the fund’s target of $2.5 billion. The firm’s previous fund, Littlejohn Fund V LP, with $2.0 billion of committed capital, had a final close in July 2014. Littlejohn makes control and non-control investments in middle-market […]
Crossplane Capital, a new lower-middle market private equity firm, has been launched in Dallas. The new firm was founded by partners Brian Hegi and Ben Eakes, both are former managing directors of Prophet Equity. Crossplane will make control investments in niche manufacturing, value-added distribution and industrial business services companies that have up to $200 million […]
Roark Capital Group has completed fundraising for its two newest funds, Roark Capital Partners V LP and Roark Capital Partners II Sidecar LP, with a total of $6.5 billion of capital commitments. Fund V, Roark’s main fund, targeted $4 billion and closed on $5 billion of capital commitments. The Sidecar Fund targeted $1 billion and […]
