Sign In  |  Register  |  About San Rafael  |  Contact Us

San Rafael, CA
September 01, 2020 1:37pm
7-Day Forecast | Traffic
  • Search Hotels in San Rafael

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Wynnchurch Capital Closes on Fund VI at $3.5 Billion

Wynnchurch Capital, L.P. ("Wynnchurch"), a leading middle market private equity firm, announced the closing of its sixth private equity fund, Wynnchurch Capital Partners VI, L.P (“the Fund”) at $3.5 billion of committed capital.

The Fund, which had a target of $3.0 billion, was significantly oversubscribed, resulting in the Fund closing less than five months after its initial launch.

Chris O’Brien, Managing Partner at Wynnchurch, said, “We are excited about Fund VI and are thankful for the support and partnership of our new and existing investors. This fundraise is a testament to what our team has accomplished as a firm, and we will continue to invest with the same value-oriented/operationally focused strategy we have developed and refined over the last 25 years.” John Hatherly, Managing Partner at Wynnchurch, added, "We are grateful for the support we received from our investors and remain committed to being good stewards of their capital.”

Frank Hayes, Managing Partner at Wynnchurch, said, “The Fund will leverage the firm's proven investment approach, which combines focused sector expertise, a collaborative partnership philosophy, and a commitment to operational excellence to help portfolio companies achieve significant value creation.” Greg Gleason, Managing Partner at Wynnchurch, added, “We are appreciative of our investors for their support while we continue our disciplined investment approach targeting unique, complex situations in Fund VI.”

Wynnchurch has been successfully investing in middle market companies for twenty-five years and has closed six private equity funds since its founding in 1999. Fund VI investors include: state pension funds, sovereign wealth funds, endowments, insurance companies, corporate pension plans, investment advisors and family offices from around the globe.

Law firm Ropes & Gray, LLP represented Wynnchurch. Lazard Frères & Co. LLC served in an advisory capacity with respect to the private placement.

About Wynnchurch Capital:

Wynnchurch Capital, L.P., headquartered in the Chicago suburb of Rosemont, Illinois, with an affiliate in Canada, was founded in 1999 and is a leading middle-market private equity investment firm. Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch manages a number of private equity funds with $9.2 billion of regulatory assets under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings. For more information, please visit: www.wynnchurch.com.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 SanRafael.com & California Media Partners, LLC. All rights reserved.