Austin Texas-based private equity firm CenterGate Capital Partners has raised $350m for its first fund.
Limited partners in CenterGateFund I include foundations, private pension plans, insurance companies, funds of funds, and family offices.
The fund will focus on making control investments in lower middle market companies in North America with up to $250 million of revenue.
The CenterGate investment team is managed by co-founders and partners Tiffany Kosch, Lewis Schoenwetter, and Stenning Schueppert.
FinSMEs
16/12/2016