Prudential Capital Partners Closes Fourth Mezzanine Fund at $1.15BN

Prudential Capital Partners has raised $1.15bn for its fourth mezzanine fund,

Prudential Capital Partners IV, L.P., which exceeded its $1 billion target, has been supported by public and corporate pension funds, insurance companies, fund-of-funds managers, foundations, and family offices.

Led by Jeffrey Dickson, Mark Hoffmeister, Paul Meiring, Charles King, Allen Weaver, Robert Derrick and Scott Von Fischer, Prudential Capital Partners is the middle-market mezzanine fund business sponsored by Prudential Capital Group, a private fixed-income investment business of Prudential Financial, Inc. (NYSE:PRU).
Fund IV will make investments ranging from $10 to $100m to fund acquisitions, recapitalizations, growth capital financings, and management led and sponsored leveraged buyouts for middle-market companies in traditional industries.
It is expected to make investments over the next three to five years.



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