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Thursday, 8 December 2016
Last updated 15 hours ago
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.