New York-based Arlon Capital Partners has raised $300 million for its second fund, Arlon Capital Partners II, according to SEC documents. The fund’s target amount is unknown.
Arlon’s mandate allows it to make investments with an indefinite holding period, investing between $5 million and $100 million in companies ranging from expansion stage to buyout. The firm targets industries in North America, Europe and China, including consumer products, financial services, food and agribusiness and media and communications. It does not engage in venture capital.
Arlon was launched in 2008 by agri-business company Continental Grain with the help of Quadrangle co-founder David Tanner. The firm is comprised of three units: private equity direct investment arm Arlon Capital, hedge fund Arlon Opportunities Investor; and fund of funds manager Arlon Asset Management.
Arlon's investments are overseen by Continental Grain chairman and chief executive Paul Fribourg and chief financial officer Michael Zimmerman. The firm manages investment activities unrelated to Continental Grain's legacy agri-business operations.
Continental Grain was established as a grain trading firm in 1813 in Arlon, Belgium, after which Arlon Group is named. Today, the firm participates in agribusiness, agri-investments and other investment activities.