Bertram Capital Busts Through Fund II Target
Bertram Capital has raised more than $500 million for its second growth equity fund, peHUB has learned. The San Mateo, Calif.-based firm still needs to make a few more allocation decisions, and expects to hold a final close on $520 million within the next few weeks (including up to a $20 million general partner commitment). Bertram launched fundraising back in March with a $500 million target. It had originally planned to begin marketing in early 2009, but held off as smaller deal sizes allowed Bertram to lengthen the investment runway of its $350 million first fund.
4 August 2010•1 min read
