We are pleased to announce the final closing of LLR Equity Partners VII, L.P. (“LLR 7”) at $2.45 billion, exceeding the target of $2.25 billion and more than 30% larger than their prior fund. Despite a challenging fundraising environment, LLR 7 received strong support from existing investors and new institutional groups globally.
LLR 7 will continue LLR Partners’ successful strategy of investing in lower middle market growth companies, focusing on businesses within the knowledge economy. The fund will invest in majority and minority equity positions, supporting growth, recapitalizations, and buyouts.
LLR Partners is a lower middle market private equity firm investing in technology and healthcare businesses. The firm collaborates with their portfolio companies to define high-impact growth initiatives, turn them into action and create long-term value. Founded in 1999 and with more than $7 billion raised across seven funds, LLR is a flexible provider of equity capital for growth, recapitalizations, and buyouts.
Asante Capital Group is a leading independent private equity placement and advisory group. Founded in 2010, the firm has offices in London, New York City, Hong Kong, Munich and Los Angeles. The team of over 75 professionals has advised on over $100 billion of successful private capital raisings across the globe, raising capital from North American, European, Middle East and Asia-Pacific-based investors. Asante specializes in GP advisory and fundraising support across primary, direct and secondary investments.
