Crown Capital Fund IV reaches $225 mln with upsizing
Canadian specialty finance firm Crown Capital Partners has increased the size of its fourth special situations fund to $225 million. Crown Capital Fund IV, which initially closed in September 2015, received $50 million more in committed capital. The fund has a maximum limit of $300 million, which may be reached through additional closings expected up until September 2018. As reported by PE Hub Canada in 2015, Crown is pursuing a two-track fundraising process that includes public sources. To date, Fund IV has invested $190 million of debt and quasi-equity in nine mid-market deals.
17 July 2017•2 mins read
