Frontier Closes Second Private Equity Fund

Oct 11 2007 | 11:50am ET

Charlotte, N.C.-based private equity firm Frontier Capital has closed its second fund with $115 million of committed capital.

Frontier Fund II easily eclipsed the $45 million raised for the firm’s debut offering.

Frontier targets traditional and technology-enabled high growth business services companies and will typically invest $5 million to $10 million in companies with revenues of between $5 million and $30 million.

”Growth equity has been receiving a lot of attention recently, and for good reasons,” said managing partner Richard Maclean. “We have been focused on this sector since 1999 and our investors have been very pleased with our results. Fund II will allow us to continue building our position as the leading growth equity investor in business services companies in our region.”


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR