Paceline closes opportunistic fund

Dallas-based private equity firm Paceline Equity Partners raised $350 million for its Opportunity Fund I.

Additionally, the firm said it has raised and currently manages $64 million of third-party equity capital to invest alongside deployments from Fund I. Overall Paceline has raised $449 million of equity capital to date.

PJT Park Hill served as exclusive placement agent. Paceline Chief Executive Officer Sam Loughlin said, “It is the trust and confidence of our investor base that allows Paceline to navigate this highly complex investment environment with conviction and agility.

The fund focus . . .

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