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

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of