HomeUSANorwest Capital Closes Two Funds, Raising Over $1.4 Billion in Total

Norwest Capital Closes Two Funds, Raising Over $1.4 Billion in Total

-

Norwest Capital Advisors closed Norwest Equity Partners XI, LP and Norwest Mezzanine Partners V, with approximately $1.0 Billion and $400M of committed capital, respectively.

The firm added institutional investors as limited partners in the Funds, demonstrating support for the Firm’s market-tested strategies in middle market buyouts and mezzanine.

  • Norwest Equity Partners (NEP) seeks to invest in growing and profitable middle-market companies across the business and consumer services, consumer products and industrials sectors. NEP has a multi-decade track record of creating opportunities, jobs, and value by finding and fueling what’s working in successful companies to help build them into industry leaders.
  • Norwest Mezzanine Partners (NMP) invests subordinated debt and equity capital in partnership with financial sponsors. It focuses on making investments in private equity-backed companies across a broad range of industries, including business services, consumer, industrials and healthcare.

The Norwest Capital team is already actively deploying both funds. Norwest Equity Partners XI has completed three investments, each consistent with its operationally focused strategy of helping good businesses become market champions in their sectors. Norwest Mezzanine Partners V has completed one investment, continuing its focus on delivering creative transaction solutions to support the long-term growth of companies backed by financial sponsors.

FinSMEs

10/07/2024