Five Elms Capital raised $780 million for its fourth growth equity fund focused on investing in B2B software from its offices in Kansas City.
Five Elms V plans on targeting growth equity investments between $5 million and $75 million. The new fund brings the firm’s AUM to more than $1.5 billion.
Evercore Private Funds Group acted as exclusive global placement agent for Five Elms V.
“The new fund will allow us to continue supporting world class founders in hiring amazing talent, scaling culture, optimizing operations, and pursuing M&A as . . .
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