Falfurrias Capital Targets $800m for Fifth Fund

Falfurrias Capital Partners is pitching its fifth fund to investors with an $800m target, according to people familiar with the fundraising.

If the firm reaches that goal, the fund would be 60% bigger than its predecessor Falfurrias Capital Partners IV LP, which had collected $500m when it closed in early 2019 at its hard cap.

Falfurrias Capital Partners was founded by Hugh McColl, Marc Oken, and Ed McMahan with the objective of partnering with proven management teams to build world class middle market businesses. Since then, the founders and partners have raised close to $1bn across the firm’s four funds.

Source: Wall Street Journal