Palm Beach Capital Closes Second P.E. Fund

Nov 13 2006 | 10:31am ET

Palm Beach Capital has closed its second buyout fund with $110 million, it announced today.

The firm, conveniently located in Palm Beach, Fla., with an office in Tampa, Fla., said Palm Beach Capital Fund II will invest in early and middle-stage private companies with earnings of between $2 million and $15 million. The p.e. firm said it has already put a quarter of the new fund into four investments.

Palm Beach Capital has approximately $200 million in assets under management.

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