Peterson Private Equity has held the closing of a USD225 million fund focused on investing USD10-25 million behind entrepreneurs and management teams in profitable and growth-oriented businesses.
“We are passionate about helping great people build great businesses,” says Clint Peterson, Managing Partner of Peterson Partners. “We are thrilled to raise this latest fund to continue supporting these great entrepreneurs.”
“We strive to be the partner of choice for business owners who are solving for more than just capital,” says Brett Stohlton, Operating Partner at Peterson Private Equity. “We look to help companies reach important inflection points in becoming an enduring business, often as the first source of institutional capital.”
With the close of Fund IX, Peterson Private Equity intends to make approximately 10-12 investments. Peterson Private Equity recently led the institutional investment round for Breeze Airways, a new low-cost leisure-focused airline, started by JetBlue founder David Neeleman.
Read more at: Private Equity Wire
