JMC Platform Fund I Closes At $125M

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.
 


In Depth

Steinbrugge: Will Hedge Funds Help or Hurt During the Next Market Correction?

Sep 7 2016 | 11:55pm ET

Most investors have become accustomed to quick rebounds when markets correct, but...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...