HRJ Capital Raises $195M For Private Equity Fund of Funds

Apr 15 2008 | 9:49am ET

San Francisco-based HRJ Capital has raised $195 million for its latest private equity fund of funds, with commitments from institutional and high net-worth individuals.

HRJ Special Opportunities Fund I is currently fully committed with a diversified portfolio of U.S. and international p.e. funds focused on distressed debt, restructuring, turnarounds and special situations, according to the firm.

“We have built a global portfolio with commitments to managers that specialize in distressed/turnaround situations,” Duran Curis, managing director, who oversees the special opportunities investment portfolio, said. “We believe that they are now investing capital in a very attractive investment environment.”

HRJ Capital is fund of funds shop with $2.3 billion in assets under management with products spanning the alternatives space including venture capital, buyouts, real estate and hedge fund products.


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...