Gemspring Capital Management, LLC (“Gemspring”), a leading middle-market private equity firm, announces the closing of Gemspring Growth Solutions II (“GGS II” or the “Fund”) with $1.1 billion of capital commitments. The Fund was oversubscribed and reached its hard cap in its first and final close after approximately three months in the market. GGS II builds on the success of its predecessor, Gemspring Growth Solutions I, a $400 million fund raised in 2022, and continues Gemspring’s strategy of non-control and growth capital investments in middle-market businesses.
Read the full article: Gemspring Capital Closes Its Second Growth Solutions Fund at $1.1B //
Source: https://www.prnewswire.com/news-releases/gemspring-capital-closes-its-second-growth-solutions-fund-at-1-1-billion-302570267.html