Arlington Capital's Third Fund Comes Up 45% Short
Arlington Capital Partners picked a terrible time to raise its third fund, and it ended up falling well short of its goal. The Chevy Chase, Md.-based PE firm revealed yesterday in an SEC filing that its third fund came in at $415.5 million. The total is about 45% less than what Arlington was seeking and smaller than its second fund, which raised $575 million in April 2006. Credit Suisse acted as placement agent for Fund III (UBS worked on Fund II). Arlington, a middle market PE firm, is known for investing in aerospace/defense and federal and commercial IT
25 August 2011•2 mins read
