Cleveland and Boston-based private equity firm MPE Partners announced the closing of MPE Partners III at the hard cap of $420 million.
And despite launching the fund over the summer during a pandemic and not using a placement agent, MPE reported that the fund was oversubscribed.
“Similar to our two prior funds, MPE Partners III was oversubscribed at its hard cap,” observed Peter Taft, partner at MPE.
The firm also added several talented board members, consultants and advisors to its executive council network, according to MPE Partner Joe Machado. “We continue to . . .
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