New York-based private equity firm Mount Kellett Capital Management has closed its second private special situation and opportunistic investment fund—Mount Kellett Capital Partners II—at $4 billion.
The firm, which raised $3 billion for its first fund, closed in 2009, said in a statement it had capital commitments from existing and new institutional and private investors throughout the Americas, Europe, Asia and Australia for the new vehicle.
Founded in 2008 by Goldman Sachs vets Mark McGoldrick and Jason Maynard, Mount Kellett is a multi-strategy investment firm focused on global distressed, special situations and opportunistic investing. The firm has over 100 employees with offices in New York, Hong Kong, London and Mumbai.
Another Goldman alumnus, Nick Weber, heads Mount Kellett’s European business.