Pamlico raises $1.4bn in latest fund

Charlotte, N.C.-based private equity firm Pamlico Capital announced its final close of its Pamlico Capital V at the firm’s hard cap of $1.4 billion in commitments.

Oversubscribed, the fund exceeded handily its $1.25 billion target.

Leading funds of funds, insurance companies, corporate and foreign pension funds, endowments, foundations and family offices. The firm has raised more than $4.3 billion in aggregate commitments since 2002.

“We are honored to have raised PC V so quickly with such strong demand, including participation from nearly all PC IV investors and . . .

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