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Alternative Market Briefing

Agellus Capital closes debut fund at $400M

Thursday, July 25, 2024

Bailey McCann, Opalesque New York:

Agellus Capital, a lower middle-market private equity firm, has closed its debut fund Agellus Capital Private Equity Fund I at $400 million. The Fund was oversubscribed, surpassing its $350 million target and securing investor commitments in less than five months.

Agellus invests in the business-to-business, non-discretionary consumer, and supply chain and infrastructure services markets, targeting initial platform investments of $2 million to $20 million of EBITDA. The firm seeks to drive transformati......................

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