Finback Investment Partners LLC, a private equity firm co-founded by former Florida Gov. Jeb Bush, has closed on $350 million for its debut fund.

The maiden vehicle, Finback Investment Partners 2021 Fund LP, closed at its hard cap and surpassed its $250 million target, according to the Coral Gables, Fla.-based firm. Finback’s leadership team includes Mr. Bush; George Huber; Jack Oliver; and Mr. Bush’s son, Jeb Bush Jr., who are all managing partners.

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Finback Investment Partners is a private equity firm that makes active minority investments, alongside leading private equity managers, across middle-market and growth equity companies. Finback targets a wide range of industries and companies that will benefit from the firm’s strategic expertise and business development execution. The firm employs an outcomes-orientated approach that leverages its deep relationship network and extensive experience to help unlock value for portfolio companies.

Source: Wall Street Journal

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