Pegasus Capital Closes $750M Fund

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.


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