Alpine Investors has wrapped up its largest fund so far, raising $2.25bn in less than four months, according to founding partner Graham Weaver.
The San Francisco-based firm’s Alpine Investors VIII LP is more than double the size of its predecessor, which closed on $1bn in 2019. The latest fundraising was the shortest in the firm’s history, Mr. Weaver said, and brought in significantly more than its $1.7bn target.
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Alpine Investors is a people-driven private equity firm that is committed to building enduring companies by working with, learning from, and developing exceptional people. Alpine specializes in investments in companies in the software and services industries. Its PeopleFirst strategy includes a CEO program which allows Alpine to bring proven leadership to situations where additional or new management is needed post-transaction.
Source: Wall Street Journal
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