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PRINT THIS PAGE Accretive Exit Capital Partners closes first fund on $125m21/07/2008. Source: AltAssets. 
Secondary buy-out firm Accretive Exit Capital Partners has held a final closing on their inaugural fund, Accretive Exit Capital Partners, on its hard cap of $125m.
Investors in the fund comprise company management and private equity investor HarbourVest.
Accretive Exit Capital Partners will focus on purchasing assets directly from mid-market buy-out funds, targeting later stage growth companies from funds with vintages between 1999 and 2003.
To date, the firm has made five investments from the fund, according to a statement.
Drew Reilly, a founding partner of Accretive Exit Capital, said, 'The enormous level of interest from a variety of institutional investors in the Accretive fund shows that the level of appetite for quality mid-market buy-out assets in the secondary market is still very high.'
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