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Laxman Pai, Opalesque Asia: Thompson Street Capital Partners announced the closing of its sixth committed capital investment fund, Thompson Street Capital Partners VI (TSCP VI). The Fund was oversubscribed with total commitments exceeding the $1.5 billion target.
According to a press release from the private equity firm focused on investing in founder-led middle market businesses, commitments to TSCP VI came from a well-respected and diverse group of new and existing global limited partners, including leading public, corporate, and foreign pension funds, endowments, insurance companies, foundations, and family offices.
As with its prior funds, TSCP's partners made substantial capital commitments to TSCP VI, it said.
"Our focus when we launched the firm 22 years ago was to invest in exceptional companies and facilitate their strategic growth," said Jim Cooper, Founder and Managing Partner of TSCP. "The support for TSCP VI from both existing and new investors has been excellent, demonstrating confidence in the strength of our team and the success of our investment approach."
According to the release, TSCP pursues investment opportunities in the life sciences & healthcare, software & technology, and business and consumer services and products sectors.
TSCP VI will focus on equity investments of $50 million to $250 million in companies with EBITDA between $5 million and $50 million. The firm has begun actively investing in the new fund, with approximately tw...................... To view our full article Click here
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