GHK Closes Oversubscribed Buyout Fund II at $870M

Private equity firm GHK Capital Partners LP announced the final closing of its second industrial middle-market buyout strategy with $870M in aggregate commitments, exceeding both its $650M target and $800M hard cap.

GHK Fund II raised more than double the capital of its predecessor fund, which was similarly oversubscribed at $410M against an initial target of $350M and hard cap of $400M. GHK said all investors from its first fund have returned for Fund II, increasing their average allocations by over 35%. The fund also attracted new investors into GHK’s domestic and international limited partner base.

In August, Fund II had made its first platform investment with international freight-forwarder Horizon Global.

View the press release here:

https://www.newswire.com/news/ghk-capital-partners-raises-870-million-for-fund-ii-22435623