Nonantum Capital Partners has held the recent closing of its second private equity fund at its hard cap of $575m in limited partner capital commitments, concluding a fundraising process that launched in the fourth quarter of 2021.
Nonantum will continue the strategy employed in Fund I of investing in founder-led businesses and corporate carve-outs in the consumer, industrial, and business services sectors. The firm targets opportunities to become “partner of choice” for founders and management teams, with a focus on the middle market, where the team has deep investment, operational, and management experience.
Get the week’s top news delivered directly to your inbox – Sign up for our newsletter
The fund received commitments from over 40 leading global endowments, family offices, foundations, and pension funds. It also counts nearly 50 CEOs, founders, and industry executives amongst its investors. Inclusive of the contributions by Nonantum’s founders and affiliates, the fund received over $625 million of total capital commitments.
The firm previously closed its first fund at $385m of total capital commitments in April of 2018, and now exceeds $1bn of capital under management.
Source: Private Equity Wire
Can’t stop reading? Read more
CVC DIF rotates US transport platform as John Laing acquires American Roads
CVC DIF rotates US transport platform as John Laing acquires American Roads CVC DIF has agreed the...
Record-scale deals, shrinking DPI: private equity’s new reality
Record-scale deals, shrinking DPI: private equity’s new reality Global private equity deal value...
TA Associates joins Advent in backing Volue’s electrification platform
TA Associates joins Advent in backing Volue’s electrification platform TA Associates has joined as...