Brynwood Partners raises $649m

The Connecticut-based firm's eighth vehicle holds final close after just two months on the road.

Brynwood Partners held a first and final close for its eighth flagship private investment fund, Brynwood Partners VIII, at $649 million.

The fund, which was oversubscribed and closed after a fundraising process of only two months, will continue the firm’s strategy of making control investments in lower mid-market companies in the consumer sector. According to the Greenwich, Connecticut-based firm’s press release, Brynwood Partners VIII is the largest fund in the firm’s 34-year history.

In the same press release, Brynwood also announced promotions to managing director for David EagleVipul Soni and Peter Wilson, Jr. 

The firm’s predecessor vehicle, Brynwood Partners VII, raised $420m in 2013.