Core Industrial Partners, a Chicago, IL-based private equity firm, closed its latest fund, at $465m.
Core Industrial Partners Fund II includes participation from existing limited partners as well as a select and diversified group of new institutional investors. The investor base is broadly diversified across North America and around the globe, and comprises many of the world’s leading limited partners, including university endowments, insurance companies, public pensions, corporate pensions, foundations, asset managers, family offices and funds of funds.
Led by John May, Founder and Managing Partner, Core invests in North American lower middle-market manufacturing and industrial technology businesses.
The firm now manages approximately $700m of capital commitments.