Falfurrias Capital Partners has raised $850m for its fifth fund, exceeding the Charlotte, N.C.-based firm’s fundraising goal, according to regulatory filings and people familiar with the offering.
The firm launched the vehicle, Falfurrias Capital Partners V LP, with an initial fundraising goal of $800 million, WSJ Pro Private Equity reported this year. The $850m close is a 70% step up from Falfurrias’ previous fund, which closed at its $500m hard cap in 2019.
Free Webinar: Private Investments in Space: Is Now the Right Time?
- How can PE get involved with the space economy that is estimated to hit $1 trillion by 2040?
- What is the risk profile with space investments?
- What did limited partners learn from the internet evolution that can be utilized when investing in space?
Falfurrias Capital Partners is a private equity investment firm focused on acquiring or investing in a diverse portfolio of growth-oriented middle-market companies. As a team of operators we leverage our significant, real-world experience to bring measurable contributions and create lasting value for both our portfolio companies and limited partners. By partnering with the most respected experts in their fields, we immerse ourselves in the industries which we invest in, identify the strongest growth opportunities, and rigorously test and learn using our expertise, data and tireless investigation.
Source: Wall Street Journal
Can’t stop reading? Read more
Oscar-winning Lion Forge secures $30m from HarbourView to expand IP portfolio
Oscar-winning Lion Forge secures $30m from HarbourView to expand IP portfolio HarbourView Equity...
Klarna set to price IPO above range as demand surges for $1.27bn listing
Klarna set to price IPO above range as demand surges for $1.27bn listing Klarna is preparing to...
Dragon’s Den star Touker Suleyman bids to rescue Claire’s UK stores
Dragon’s Den star Touker Suleyman bids to rescue Claire’s UK stores Touker Suleyman, investor and...