Arrowroot wraps up third fund at over $177 mln
Santa Monica, California-based Arrowroot Capital Management, a growth equity firm, has closed its oversubscribed third fund at over $177 million. Arrowroot Capital III's limited partners include endowments, foundations, consultants, pensions and alternative asset managers. The fund will focus on providing growth capital for software companies in the lower-middle market. Probitas Partners served as placement agent for the fund while Kirkland & Ellis LLP provided legal counsel.
15 November 2017•2 mins read
