LLR Closes $1.2 Billion FundWritten by: Asante | Date: 19 June 2018
LLR Partners has held a final closing of its latest fund, LLR Equity Partners V LP, at $1.2 billion. Asante Capital Group acted as placement agent for the fund. The firm’s earlier fund, LLR Equity Partners IV LP, closed at $950 million in March 2014.
LLR Partners invests from $15 million to $100 million in companies that have up to $100 million in annual revenue and are active in the education, financial, healthcare, security and software sectors. The firm will invest in minority or majority equity positions through growth capital, recapitalizations and buyout transactions.