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Laxman Pai, Opalesque Asia: Defense tech investment firm AE Industrial Partners has closed its third flagship private equity firm with $1.28 billion in capital commitments.
A media release from the private investment firm specializing in national security, aerospace, and industrial service said that Fund III will make control investments in the critical "toll gates" across the aerospace and defense supply chains and support key industry suppliers as they scale up production to meet ongoing and increased demand from their respective end markets.
Commitments to Fund III came from a diverse mix of institutional investors in the U.S. and around the world, including leading endowments, charitable foundations, public and corporate pensions, financial institutions, funds of funds, family offices, and sovereign wealth funds.
Michael Greene, Co-CEO & Managing Partner at AEI said: "We are extremely grateful for the support shown by our existing investor pool, as well as the numerous global commitments from new investors who have joined us, expanding and diversifying our investor base."
"Over the past several years we have seen a tremendous growth of interest in our target markets from LPs, and we look forward to continuing our work building the next generation of middle market companies in national security, aerospace, and industrial services," Michael added.
According to the release, to date, AEI has deployed more than a quarter of Fund III into five platforms ...................... To view our full article Click here
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