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

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of