Private equity firm JMC Capital Partners has beaten the target for its Platform Fund I.
The fund exceeded its $100m target to close on its $125m hard cap, the Boston-based firm said in a statement. JMC Platform Fund I was backed by institutional investors and family offices.
JMC managing partner Michael D’Amelio said, “We are very pleased with the interest and support we received from our investors.
“We look forward to continuing our operationally focused strategy in the industrial lower-middle market in North America, where we believe we can continue to achieve strong returns for our investors.”
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