Firm continues to emerge as the “partner of choice” for middle market business owners
Nonantum Capital Partners announced the recent closing of its second private equity fund at its hard cap of $575 million 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.
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 $385 million of total capital commitments in April of 2018, and now exceeds $1 billion of capital under management.
Read more: BusinessWire
