York Capital Management launched its third and largest-ever North American middle-market special opportunities private equity fund, York Special Opportunities Fund III, with final commitments of approximately $800 million.
The New York-based firm also announced its first investment in The Good Feet Store, which is a manufacturer and franchise retailer of personalized arch supports and related products. According to York, it is the second largest brand in the attractive and fast growing $1.5 billion orthotics insert market and has more than 150 stores, over 90% of which are franchised.
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