Arlington Capital Partners Prepping Fund Three
It’s just about that time for Arlington Capital Partners. The firm is preparing to raise its third buyout fund, according to a source. Arlington hasn’t issued memorandums yet, but the unofficial target is in the ballpark of $700 million to $750 million. Arlington used UBS as its placement agent for prior funds, raising $452 million for its debut and $585 million for the follow-up. This time Arlington will use Credit Suisse, since its main man at UBS, Mark Bourgeois, departed for Lehman Brothers in March. Obviously the future of Lehman’s placement agent business is in flux, so Arsenal turned to CSFB.
25 September 2008•1 min read
