Boulder CO- and Dallas, TX-based private equity firm Delta-v Capital closed its latest fund, at $232m.
Delta-v Capital 2015, LP, and its co-invested fund, Delta-v Capital 2015 Access Fund, LP, received commitments from a number of top-tier investors, including public pensions, asset managers, family offices and corporate pensions.
Led by Rand Lewis and David Schaller, the firm typically invests in companies with a minimum of 20% growth and its secondary approach allows it to buy in at a 20-30% discount to fair market value. It will seek to invest between $2 million and $20+ million per single asset transaction across a broad set of technology sectors in the United States.
Sixpoint Partners, a global investment bank serving the middle market, served as exclusive global placement agent for the fund raise.