Insignia Capital Makes $358M Close on Oversubscribed Maiden PE Fund

Insignia Capital Partners has made the final close on its first fund, Insignia Capital Partners LP, securing $358M in capital commitments from over 30 investors in a fundraising that was oversubscribed and exceeded the fund’s original target.

The fund will focus on investing in North American lower-middle-market companies in the consumer, healthcare, and business services sectors. While it is the San Francisco Bay Area private equity firm’s first fund, Insignia Capital has to date made 37 transactions valued at over $6B in founder-led companies.

Sixpoint Partners assisted Insignia in marketing the fund, while Simpson Thacher & Bartlett LLP provided legal counsel for the fundraise.

Source: https://www.insigniacap.com/insignia-capital-partners-closes-358-million-inaugural-private-equity-fund-above-target/