Ampersand Capital Partners has held the final closing of the firm’s latest fund, Ampersand 2022 (AMP-22) Limited Partnership, with $1.2 billion in limited partner commitments.
This fund, which is Ampersand’s eleventh primary fund since 1992, was significantly oversubscribed and held a single close less than three months after launch. Ampersand secured commitments from a diversified and global set of institutional investors including endowments, foundations, pension plans, insurance companies, funds of funds and family offices.
With this new fund, Ampersand intends to continue the firm’s strategy of partnering with great entrepreneurs within our core sectors through both majority and minority investments in companies with $10 to $100 million in revenue and positive EBITDA.
Read more: Private Equity Wire
