Tulsa, Oklahoma-based private equity firm Omega Capital Management has closed its maiden fund on its $30m hard cap.
The fund was oversubscribed and its LPs include entrepreneurs, family offices and foundations, said Omega.
The firm will focus on companies headquartered in Oklahoma or surrounding states with revenues $5m and $20m and pursue larger deals in partnership with its LPs.
Omega will target the energy, aviation, machinery, industrial technology, healthcare and food processing sectors.
Omega president Jason Martin said, “We live here, our investors live here, and the dollars stay here. We have a vested interest in buying and building great businesses close to home.”
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