Fundraisers

Brynwood Partners raises $649m

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

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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 Eagle, Vipul Soni and Peter Wilson, Jr. 

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