Private Equity
Direct capital specialist Enlightenment Capital has raised $147 million in commitments for its second fund aimed at investments in middle-market aerospace, defense and government companies, exceeding its fundraising target.  The new fund will invest in the senior debt, mezzanine debt, and minority equity of middle market aerospace, defense & government (ADG) companies. The launch comes less than three years after the company’s first fund raised $80 million in early 2014, the firm said in a statement.  Enlightenment received capital commitments from a diverse group of investors, including insurance companies, fund of funds, family offices, and foundations.  “We are grateful for...