Falfurrias Management Partners (Falfurrias) announces it has closed its latest oversubscribed middle-market private equity fund, Falfurrias Capital Partners VI, at $1.35 billion in investor commitments. The firm’s previous fund, Falfurrias Capital Partners V, totaled $850 million and was raised in 2021. The Charlotte-based private equity firm, founded by former Bank of America CEO Hugh L. McColl Jr., former Bank of America CFO Marc Oken, and Managing Partner Ed McMahan, employs a distinctive investment approach centered on building concentrated portfolios in carefully selected durable growth markets.
Read the full article: Falfurrias Management Partners Raises $1.35B for Fund VI in Oversubscribed Fundraising //
Source: https://www.prnewswire.com/news-releases/falfurrias-management-partners-raises-1-35-billion-for-fund-vi-in-oversubscribed-fundraising-302409931.html