Thursday, 18 December 2014
Last updated 5 min 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.