Palm Beach Partners Launches Second P.E. Fund

Jan 13 2006 | 8:36pm ET

Palm Beach Capital Partners is aiming to raise $150 million for its second private equity fund, Palm Beach Capital Partners II.

Adam Klein, a partner at the Florida-based firm, said the new fund will have a similar style and philosophy to the firm's first fund, which invests in private companies with market values between $5 million to $10 million, and focuses on companies located in Southern Florida, though it does not rule-out other high-growth locals.

The firm's first fund closed to new investors in 2003, and is now fully invested. Klein declined to elaborate on the second fund as it is still in its initial offering stage.


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note