(LBO Wire) July 28, 2010 – Linzor Capital Partners and Palmfund Management LLC have agreed to join forces, reuniting former professionals from J.P. Morgan Chase & Co.’s Latin American private equity team, said people familiar with the situation.

The newly combined firm is marketing Linzor Capital Partners II LP with a $350 million target, these people said. The fund will continue to execute Linzor’s strategy of middle-market buyouts and growth equity as well as turnaround and distressed situations.

Monument Group is placing the fund, these people said.

The vehicle’s geographic focus will include Chile, Mexico, Colombia, Argentina and Peru. The vehicle’s target is larger than its 2006 predecessor fund, Linzor Capital Partners LP, which raised roughly $200 million in commitments.

By Sabrina Willmer and Laura Kreutzer

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