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Laxman Pai, Opalesque Asia:

Growth equity specialist McCarthy Capital has easily beaten the target of $425 million for its seventh flagship fundraise through a final closing of $535 million.

The McCarthy Capital Fund VII will invest in growing, lower middle-market companies, said Omaha-based investment firm.

Patrick Duffy, President and Managing Partner of McCarthy Capital said: "We are thankful for the continued support of our long-term partners as well as the opportunity to partner with new institutional investors, all of whom enabled us to complete this capital raise quickly."

"McCarthy Capital brings a disciplined adherence to its longstanding mission of growing businesses in partnership with management teams that retain substantial ownership and operational control. This specialization has resulted in more than fifty partnerships with closely-held businesses seeking an experienced capital partner.," said a press release from the company.

Through Fund VII, McCarthy Capital will target investments to support growth equity investments, management buyouts, and recapitalizations. Fund VII seeks to invest in established companies with demonstrated profitability and attractive growth prospects.

"With conservative capital structures and the addition of McCarthy Capital resources, portfolio companies can pursue accelerated growth through identifiable value-creation initiatives," it said. The firm's investment team manages more than $1.5 billion of capi......................

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