Coral Tree Management (Coral Tree), an investment firm focused on partnering with growth-oriented businesses within the media, entertainment, communications, and related business services sectors, has held the final close of its first fund, Coral Tree Partners, with total committed capital of approximately $470 million.
The Fund was significantly oversubscribed above its original hard cap and exceeded its target of $350 million.
The Fund received strong support from a range of high-quality institutional investors, including endowments, foundations, insurance companies, pension plans, institutional family offices, and funds-of-funds.
Read more: Private Equity Wire