Pritzker Private Capital, which invests on behalf of the Pritzker and several other wealthy families, has wrapped up its third fund with $2.7bn.
Fundraising for PPC III LP took about nine months and the fund held an initial close in December, according to Paul Carbone, president and managing partner of the firm. The newest fund is 50% larger than its predecessor, which closed with $1.8 billion in 2018.
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Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. The firm’s differentiated, long- duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies.
Source: Wall Street Journal
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