NewSpring Raises $390M in Fifth Mezzanine Fund, Exceeding Its Target

NewSpring (the “Firm”), a family of private equity strategies, announces the final close of NewSpring Mezzanine Capital V (“NSM V” or the “Fund”), out of the Firm’s dedicated private credit strategy, NewSpring Mezzanine. In total, the Fund was oversubscribed with total commitments of $390 million. To date, NSM V has deployed approximately $273 million into 19 companies in the business and consumer services, niche manufacturing, distribution, and healthcare markets.

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Source: https://www.prnewswire.com/news-releases/newspring-raises-390-million-in-fifth-mezzanine-fund-exceeding-its-target-302203959.html

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