Industry News
Altra Fund II Exceeds $300mn Target
28 January 2013
(PE Hub) Altra Investments (“Altra”) recently announced the closing of its second fund, Altra Private Equity Fund II, L.P., and parallel investment funds, with total commitments of $355.8 million, exceeding its original target of $300 million due to support from existing investors and significant demand from new investors.
Limited partner commitments were secured from a diversified group of institutional investors from North America, South America, Europe, Asia and the Middle East. Among these institutions were leading public and private pension funds, funds-of-funds, family offices, sovereign wealth funds, endowments and foundations.
Stanwich Advisors, LLC acted as financial advisor and placement agent for the offering.
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