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OpenGate Closes Second Institutional Fund with $585 Million in Commitments; Exceeds Target of $450 Million with Commitments from Existing and New Institutional Investors

Nov 04, 2019 - Business Wire
Mergers and Acquisitions-Partnership Announcement

OpenGate Capital , a global private equity firm, announced today that it has closed its second institutional fund, OpenGate Capital Partners II & II-A, LP, at approximately $585 million, an amount that was thirty percent above its initial target of $450 million. The new fund supports OpenGate's on-going strategy to invest in lower middle market businesses throughout North America and Europe across four focus industries: Industrials, Technology, Consumer and Business Services.

Andrew Nikou,...