Global private equity and venture capital news and research

Tower Three Partners sets $400m target for second mid-market fund

6 Jul 2012

Tower Three Partners, a Greenwich, Connecticut-based buyout firm focusing on turnaround investments in the US mid-market, has set a $400m target for its second fund.

Tower Three Partners II will follow the same strategy as its predecessor, which made control investments of $50m to $150m in distressed and underperforming assets.

The vehicle invested $175m alongside consumer focused buyout firm Catterton Partners in Restoration Hardware, which filed for its initial public offering in September last year.

Copyright © 2012 AltAssets


Leave a Reply

You must be logged in to post a comment.

Legals & Terms of UsePrivacy Policy

AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: WeWork 4001, 1 Fore Street, London, EC2Y 5EJ
Content is © AltAssets 2000-2016