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Alternative Market Briefing

Brighton Park Capital raises $1.8bn for the second fund

Monday, November 14, 2022

Laxman Pai, Opalesque Asia:

Brighton Park Capital has announced a final close for Brighton Park Capital Fund II at $1.8bn, surpassing its target of $1.5bn.

The software, healthcare, and tech-enabled services-focused investor said in a press release that consistent with its predecessor fund, Brighton Park Capital Fund II (BPC II) will continue the firm's strategy of investing in growth-stage software, healthcare, and tech-enabled services companies that provide highly innovative solutions to create better outcomes, business processes, and customer relationships.

BPC II received support from existing and new investors, including a diverse group of endowments and foundations, family offices, financial institutions, and public and corporate pension funds in North America and around the world, said the Greenwich, CT-based investment firm.

"We are grateful for the support we received from both new and existing investors across the globe," said Erica Keany Blob, Partner and Chief Operating Officer. "An important founding principle of Brighton Park has been to provide an unparalleled amount of transparency to our investors and we plan to continue to set the standard for treating our investors as true partners."

Mark Dzialga, Managing Partner said: "Amid today's uncertainties, we continue to find highly disruptive, entrepreneur-inspired growth companies. The team at Brighton Park is committed to making a real difference in supporting the global aspirations of our por......................

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