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Laxman Pai, Opalesque Asia: Tech-focused investment house Integrum has sealed a $1.1bn final close for its target-beating inaugural fund - Integrum Capital Partners.
"This total excludes related co-investment vehicles that provide the fund with the capacity to invest additional capital," said a press release from the New York firm focused on partnering with technology-enabled service companies.
According to the release, the fund received strong support from an international group of high-quality institutional investors, including pension funds, wealth managers, insurance companies, consultants, family offices, foundations, and funds of funds.
"The tremendous demand for our inaugural fund reflects the excellent relationships we have built with our limited partners across the globe," said Richard Kunzer, co-founder of Integrum. "We truly value the support, confidence, and trust that our investors have placed in us, particularly in an uncertain economic period and in a challenging fundraising environment."
Investments in the Fund will advance Integrum's partnerships with leading companies in the financial and business services sectors, said the release.
"Integrum is led by a proven team of professionals who bring together diverse and complementary skillsets, experiences, and relationships. The firm is powered by the team's conviction that partnering with management teams to invest behind technology and talent can create meaningful and differentiated op...................... To view our full article Click here
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