Alabama P.E. Firm Closes Second Fund

Mar 30 2009 | 1:09am ET

Southern private equity shop New Capital Partners has closed its second fund with $140 million in commitments.

New Capital Partners Private Equity Fund II was oversubscribed, the firm’s placement agent, Atlantic-Pacific Capital, said. New Capital, which is based in Birmingham, Ala., focuses on micro- and lower middle-market high-growth opportunities in the healthcare, financial services and business services sectors.

The firm, which also has an office in Dallas, says that the southeastern United States and Texas are underserved markets.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...