Private equity firm OceanSound Partners raised its first fund with $780 million in total commitments, including allocations from pension plans, endowments, foundations, family offices, institutional consultants, asset management firms and insurance companies.
The OceanSound Partners Fund invests in middle-market companies that are focused on the intersection of government and enterprise end markets that lean on technology to drive strong growth and outperformance. The firm typically invests $75 to $300 million through controlling-ownership positions in companies with enterprise values of $150 to $750 million.
With AUM of more than $1.15 billion, the firm . . .
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