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

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

AIMA: How The U.K.'s SMCR Will Affect U.S. Firms

Jun 20 2017 | 6:29pm ET

U.S. investment managers need to think seriously about how tough new U.K. conduct...

 

From the current issue of