TELEO Capital closed its first private equity fund at its hard cap of $250 million.
According to the Los Angeles-based firm, the fund will invest in businesses based primarily in North America and Europe, with a focus on special situations and corporate divestitures. The team seeks out opportunities where it can leverage its operational team to create value in the technology and software, healthcare IT, business services and industrial sectors.
Investors in the TELEO fund include endowments, insurance companies, pension funds, fund of funds and family offices.
The fund’s placement advisor . . .
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