Sunday, 26 April 2015
Last updated 1 day ago
Mar 13 2014 | 1:58pm ET
JMC Capital Partners has closed the JMC Platform Fund I fund at $125 million, having exceeded its $100 million target.
The Boston, Mass.-based private equity firm said overall, the fund was oversubscribed.
"We are very pleased with the interest and support we received from our investors. We look forward to continuing our operationally focused strategy in the industrial lower-middle market in North America, where we believe we can continue to achieve strong returns for our investors," said Michael A. D'Amelio, managing partner at JMC Capital Partners, in a statement.
The investor base of Fund I consists largely of institutional investors and family offices.
JMC was founded in 1999.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…