Altus Capital Partners Closes Second Fund at $200M

Altus Capital Partners, Inc., a private equity firm focused on U.S.-based manufacturing businesses with proprietary technologies and highly engineered products, has held the final close of its new fund at $200m.

Supports for Altus Capital Partners II, L.P. came from large U.S. pension funds, fund of funds and other institutions.

Led by co-founder and Managing Partner Russell J. Greenberg, Fund II will seek to make 10 to 12 platform investments during its investment period, with its first investment taking place by the end of the fourth quarter of 2011. The firm will continue to invest in corporate divestitures, management-led buyouts and privately held or family-owned businesses with manufacturing operations based primarily in the Midwest and Eastern regions of the United States.

Mr. Greenberg co-founded the firm, which has offices in Westport, Connecticut and Lincolnshire, Illinois, in September 2003 with Gregory L. Greenberg, Senior Partner, and Elizabeth A. Burgess, Senior Partner.



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