Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle market private equity firm, announced the closing of its fifth private equity fund, Wynnchurch Capital Partners V, L.P (“the Fund”) at $2.277 billion of committed capital.
The Fund, which had a target of $1.6 billion, was significantly oversubscribed, resulting in the Fund reaching its hard cap and closing quickly after its initial launch in September 2019.
John Hatherly, Managing Partner at Wynnchurch, said, “We are appreciative and humbled by the interest from both existing and new investors, and are grateful for their support and partnership.” Frank Hayes, Managing Partner at Wynnchurch, added, “The support of and partnership with our investors is essential to the success of Wynnchurch. We have built a reputation based on trust, transparency and teamwork, and we will continue to be good stewards of their capital.”
Chris O’Brien, Managing Partner at Wynnchurch, said, “We are excited about Fund V and how our team is positioned today to invest with the same value-oriented/operationally focused strategy we have developed and refined over the last 20 years.”
Wynnchurch has been successfully investing in middle market companies for over twenty years. Wynnchurch has closed five private equity funds since its founding in 1999 and has more than $4.2 billion of committed capital under management. Fund V investors include: state pension funds, sovereign wealth funds, endowments, insurance companies, corporate pension plans, investment advisors and family offices from around the globe.
Law firm Ropes & Gray, LLP represented Wynnchurch Capital. The Private Fund Group of Credit Suisse Securities (USA) LLC served in an advisory capacity with respect to the private placement.
Source: Business Wire
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