Capital Partners, Inc. has raised $350.8 million to date for its Capital Partners Private Equity Income Fund III, per a SEC filing. The Norwalk-headquartered firm has set a $500 million target and began fundraising in 2017. The SEC filing did not disclose whether the capital raise constituted a final or interim close.
Its previous fund raised $360 million in 2014.
Investors that committed to Capital Partners Private Equity Income Fund III include the Texas Municipal Retirement System.
The fund will target buyout opportunities in a diverse number of sectors in North America.