U.S. small buyout firm BPEA closes fourth fund

Boston-based private equity firm BPEA announced that it had raised $218 million in commitments for its final close of BPEA V. The aim is to invest in U.S. small buyout and growth equity opportunities across four industries: business services and software; healthcare; consumer and retail; and industrial. BPEA V invests in funds and in companies alongside both funded and independent sponsors to help drive growth, operational improvements and long-term capital appreciation. The fund’s focus is to seek out companies with EBITDA below $10 million and enterprise values below $100 million. Officials said that the new fund received support from new and existing investors, including pensions, foundations, endowments and single and multi-family offices “Our strategy continues to resonate with limited partners and investment consulting firms looking for access to opportunities at the small end of the private market that can drive strong financial returns with lower volatility,” said John Brooke, BPEA co-founder and managing director. This year the firm has closed on nearly $600 million in fresh capital. The close of BPEA V follows the closing earlier this year of BPEA Strategic Healthcare, a dedicated healthcare fund. In July, BPEA closed on $352 million in commitments to BPEA Strategic Healthcare, whose primary investors include 16 Taft-Hartley Investors. The healthcare approach invests in private healthcare companies, both directly and through specialist healthcare private equity firms, and targets investments in companies that are focused on addressing critical healthcare needs and improving access to cost-effective, high quality healthcare. Since the firm’s founding in 2002, BPEA has made buyout and growth investments in more than 90 funds and 135 companies.

U.S. small buyout firm BPEA closes fourth fund

Continue Reading With a Free Trial

Wilshire adds to leadership team after acquisition

Former Bessemer CIO joins Bridgewater

Welcome to Alternatives Watch

Buck hires former AndCo exec for manager research

Legendary trader Salem Abraham opens Fortress strategy to outside investors

GCM Grosvenor to go public on NASDAQ

Former Texas ERS Deputy CIO to lead AIF Institute

KKR closes Asia real estate fund with $1.7bn

Audax raises $1.7bn for Continuation Fund

Wilshire adds to leadership team after acquisition

Connecticut IAC allocates to private equity, begins search for new CIO

Continue Reading With a Free Trial

Be an Alts Watcher

Subscribe to our mailing list and know first!

Alts Watch Healthcare Beat: Nearly $1bn in fresh capital flows in latest life sciences deals

KKR hires for European healthcare private equity focus

Related Articles

Get our daily news digest in your inbox

Get our daily news digest
in your inbox