Wednesday, 5 August 2015
Last updated 12 hours ago
Dec 12 2007 | 9:37am ET
Private equity firm Pegasus Capital Advisors has closed its fourth p.e. fund, reaching its $750 million target. Pegasus raised the capital from a variety of limited partners including major public and corporate pension funds, leading endowments, fund of funds and family offices.
“Given the quality of our investment pipeline and the depth of our transaction team, we are especially well positioned to deploy this capital in an efficient manner,” said Pegasus founder Craig Cogut.
The firm’s latest offering has already made a number of investments, including most recently an investment in T&M Protection Resources, a security services provider in New York.
Park Hill Group assisted in the placement of the fund and Akin Gump Strauss Hauer & Feld served as legal counsel.
Established in 1995, Pegasus currently manages over $1.8 billion in assets through several private equity funds.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…