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Laxman Pai, Opalesque Asia: Buyout investor SK Capital Partners has announced the closing of its latest fund SK Capital Partners VI with $2.95 billion in commitments. The new fund, which is the latest vintage of the firm's flagship private investment strategy, was oversubscribed.
According to a media release from the New York-based private equity firm, the firm has focused exclusively on transformative investments in the specialty materials, ingredients, and life sciences industries. The firm typically pursues control buyouts, recapitalizations, and growth equity investments.
"We are grateful for the support of our investors as the Firm continues its longstanding mission of building exceptional companies and delivering attractive results," said Barry Siadat, SK Capital's Co-Founder and Managing Director.
"SK Capital has one of the largest and longest-standing teams dedicated to the sectors in which we invest. Together with SKCP Catalyst Fund II, which raised $800 million of total commitments in 2023, the Firm is well-capitalized and well-positioned to continue providing capital solutions to entrepreneurs, families, and corporates across all transaction sizes through our unique style of transformative control investing," Barry added.
As per the release, SK Capital was founded in 2007 and it has a team of more than 70 professionals.
"SK Capital is honored to be partnering with such a diverse set of respected and experienced private equity investors," ad...................... To view our full article Click here
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