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GP has just closed its fourth fund, by far its biggest at $1.3 billion.
REUTERS Comvest Closes on Fourth Fund | The Comvest Group, a private equity firm based in Florida, has raised $580 million for its fourth fund, exceeding its original target of $500 million.
The firm began "premarketing" its fourth fund as far back as 2006, looking to raise $2.5 billion.
The fourth fund, Rydex Ursa C, kept its standing as a 12-month laggard among specialized stock funds.
In its fourth fund, companies held for more than a year have averaged 127 percent revenue growth since Brentwood acquired them.
SEP's fourth fund closed with £200 million in late 2011.
Similar(16)
The first fund campsite opened in 1908.
(The first fund focuses on midcap stocks).
The second fund, with $525 million, is Accel's third fund based in London.
Fifth: fund research into a vaccine and treatments.
The S.E.C. also took action against a third fund, Heartland Taxable Short Duration Municipal.
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