Odyssey Investment Closes $1.5B Fund IV

Mar 11 2009 | 12:43pm ET

New York- and Los Angeles-based Odyssey Investment Partners, a middle-market private equity firm, has raised $1.5 billion for Odyssey Investment Partners Fund IV. The fund will buy established middle-market companies with operations predominantly in the U.S.

Odyssey typically invests in companies with EBITDA in the range of $20 million to $80 million within the aerospace, insurance services and healthcare services sectors.

Odyssey’s previous fund closed in 2005 with capital commitments of $750 million.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...