Sun, Jul 25, 2021
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Arbor Investments raises its biggest fund, attracting $1.5bn

Friday, October 16, 2020

Laxman Pai, Opalesque Asia:

Chicago private-equity firm Arbor Investments, which specializes in food and beverage acquisitions, has raised its biggest fund, the fifth equity fund, attracting $1.5 billion and doubling its assets under management.

The pool is roughly double the $765m secured by Arbor's fourth fund in 2016. It is also significantly above Arbor's $1bn target for Fund V.

The PE firm focused exclusively on acquiring premier companies in the food, beverage, and related industries also closed its second captive subordinated debt fund, Arbor Debt Opportunities Fund II (DOF II), with $168 million of outside commitments.

The close brings Arbor's total assets under management (AUM) to $2.9 billion, said a press release.

Gregory Purcell, Arbor co-founder, and CEO, said, "The quick and successful closing of Arbor Fund V, especially during this unique fundraising environment, is not only a testament to our outstanding investment track record but also a continued endorsement of the highly differentiated strategy we've refined over more than two decades."

He added: "We anticipate tremendous opportunity to deploy this new capital with outstanding entrepreneurial families and blue-chip strategic players."

"Contrary to typical private equity firms, Arbor has always been focused on adding value beyond just capital and our results reflect this unconventional approach," said Senior Operating Partner Timothy Fallon.

"We're firm believers ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. SPACs: SPAC merger with space firm Momentus threatened by SEC fine, Altus Power to merge with SPAC created by CBRE in $1.58bn deal, 10 best cheap SPACs to buy according to Reddit, A-Rod's slam SPAC is in merger talks with Italy's Panini group, How to conjure a $20bn fortune using a SPAC[more]

    SPAC merger with space firm Momentus threatened by SEC fine From Bloomberg: A blank-check company's acquisition of space-cargo firm Momentus Inc. has been dealt a serious blow by the U.S. Securities and Exchange Commission, which accused both entities of misleading shareholders just we

  2. PE/VC: Private credit: The $1tn "new 40" opportunity[more]

    From Institutional Investor: The private debt asset class has provided investors with an attractive combination of high cash yield and floating rate returns coupled with low volatility and loss rates, while modernizing portfolios. Private credit is on a roll. Investors love the strong cash yie

  3. Distressed-debt funds get no love as credit problems disappear[more]

    From Bloomberg: Private debt investors are turning away from distressed funds amid shrinking opportunities to profit from troubled companies. Investors were less keen to put their money to work in funds that target distressed credits in the past quarter than a year ago, according to a poll of

  4. Investing: Cathie Wood's Ark Invest abandons Chinese tech stocks amid regulatory crackdown[more]

    From Business Insider: Cathie Wood's Ark Invest has slashed its exposure to Chinese tech stocks amid an ongoing regulatory crackdown, according to Ark's daily trading updates. Ark's flagship Disruptive Innovation ETF has seen its exposure to Chinese stocks fall to less than 1% from a high of 8

  5. SPACs: SEC abruptly kills Ackman's controversial SPAC plans, Bill Ackman rejigs Universal deal after regulators probe SPAC plan, SPAC-ing the Southeast Asia story, SPAC deals will rebound for remainder of 2021[more]

    SEC abruptly kills Ackman's controversial SPAC plans From Institutional Investor: The Securities and Exchange Commission has killed Bill Ackman's special purpose acquisition company's complicated plan to invest in Universal Music Group. On Monday, his SPAC, Pershing Square Tontin