US-based Corre Partners eyes it latest fund

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US-based investment firm Corre Partners is looking to raise its second private equity fund.

The US Securities and Exchange Commission filing for Corre Horizon II Fund does not indicate a target for the vehicle.

No capital has been registered for the fund, so far.

There is a minimum contribution of $100,000 from outside investors.

Three placement agents have been listed for the fundraise: Inte Securities, Blue Sand Securities and Eaton Partners.

It is not clear what the investment strategy for this fund will be.

Corre’s website states its focuses on underfollowed middle-market companies going through fundamental changes, either positive or negative.

Its investments categories include equities, credit and trade claims, with cash recovery investments used to offset higher beta long investments.

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