Thursday, 27 October 2016
Last updated 1 hour ago
Sep 23 2008 | 8:06am ET
Private equity firm Paladin Capital Group has closed its third fund, Paladin III, with equity commitments of $340 million.
The Washington, D.C. based firm said many of the investors in Paladin III, including public pension funds, corporate and jointly-trustee funds, and high-net worth individuals are repeat limited partners.
Paladin has already deployed $67 million of the fund’s capital in eight new portfolio companies, and will continue to focus on alternative energy, bio-fuels and critical infrastructure protection, among other industries that support its core expertise in homeland security.