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Aldrich Capital Partners Closes Debut Private Equity Fund With Over $250M

by vcaonline.com posted 1week ago 17 views
VIENNA, Va., October 9, 2018-- Aldrich Capital Partners (ACP), a Virginia-based growth equity firm, announced today the successful final close of its debut institutional fund, Aldrich Capital Partners Fund I, LP (Fund); with more than $256 million in capital commitments on June 22, 2018. Institutional investors including endowments, foundations, pension funds, and family offices committed to the Fund. The investment strategy of the Fund is to make growth equity investments, including both control and minority investments, in North American-based lower middle market companies generally focusing on three technology sectors: healthcare IT, financial technology, and application software.