ACON Investments Raises $578M of $1B Target for Fourth Fund

Oct 27 2015 | 2:50pm ET

Washington, DC-based ACON Investments has raised more than $578 million for its fourth international buyout fund just two years after raising $751 million for its third fund.

ACON has set a $1 billion target for ACON Equity Partners Fund IV, according to securities filings. The firm also raised $515 million for its Latin America Opportunities Fund IV in 2013.

Founded in 1996 by former Goldman Sachs executive Bernard Aronson, former Veritas Capital partner Ken Brotman, and former GEF Funds senior investment officer Jonathan Ginns, ACON is an international middle-market private equity firm managing more than $4.2 billion of committed capital across 55 investments, 30 of which are in Latin America as of June 2015.

In Depth

Q&A: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...


CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...


FINalternatives Trending

From the current issue of