Thursday, 11 February 2016
Last updated 12 hours ago
Mar 19 2008 | 10:35am ET
Mt. Kisco, New York-basde Kohlberg & Company has closed on its sixth private equity fund, Kohlberg Investors VI, with $1.5 billion in commitments from approximately 65 limited partners.
“Our success in raising Fund VI is strong validation of our 20-year investment philosophy and the strength and quality of our team,” added Chris Lacovara, co-managing partner.
Lazard acted as placement agent for Kohlberg.
Kohlberg typically invests in companies with revenues between $100 million and $500 million and provides up to $150 million in funding for each transaction. Kohlberg has invested approximately $2 billion across its five previous private equity funds.