Cornell Capital, a private equity firm based in New York and Hong Kong, today announced that it has closed its second fund, Cornell Capital Partners II LP, with $1.7bn in capital commitments, exceeding its target of $1.5bn.
The fund received strong support from a diverse and global group of existing and new Limited Partners. Cornell Capital has total assets under management of $5.9 billion.
CCP II will continue Cornell Capital’s strategy of control investments in high-quality consumer, financial, industrials and business services companies. The fund will build on the firm’s track record of partnering with market-leading companies and strong management teams to drive new growth and unlock long-term value, especially where the firm’s Asia presence and cross-border expertise can provide an edge.
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