Kayne Partners held the final close of its latest growth private equity fund, at $385m.
Kayne Partners Fund IV, L.P. maintains the same focus as its three predecessor funds in providing growth capital to entrepreneurs and management teams of high growth enterprise software and technology-enabled businesses. The fund is primarily focused on companies serving the security & compliance, supply chain & logistics, business & financial services, industrials, healthcare and media & telecom industries.
Led by Dave Walsh, Managing Partner, Kayne Partners will continue to invest $5m to $30m in lower middle market companies with $5 to $40m of revenue, primarily located across North America.
Kayne Partners IV has already invested in three companies.
Kayne Partners is the growth equity strategy of Kayne Anderson and has raised over $740m of cumulative commitments since inception. The team has approximately 20 active portfolio companies focused on enterprise software and technology enabled services across North America.