Veritas prepares for first fundraise since suicide of founder, chairman McKeon


veritas capitalUS private equity firm Veritas Capital Management is reportedly planning to launch its first fund since the shock suicide of founder and chairman Robert McKeon.

McKeon took his own life in 2012, two years after the firm gathered $1.3bn for its Veritas Capital Fund IV.

No target has been disclosed for the latest vehicle, which Reuters reported was in the works citing unnamed sources.

Veritas’ current holdings include aerospace wireless communication company Aeroflex, big data business CRGT and employee screening service Keypoint.

Earlier this year it completed a $383m take-private deal for telecom components business Anaren.

Copyright © 2014 AltAssets