Crescendo Equity Partners raises $910m

The Seoul-based private equity firm has closed its third flagship PE fund.

Fund: Crescendo Private Equity Fund III
Amount raised: $910 million
Target size: $700 million
Stage of fundraising: Final close
Final close date: December 2021
Time on the road: Nine months

Crescendo Equity Partners has announced the final close of Crescendo Private Equity Fund III on $910 million, surpassing its $700 million target. The fund will invest in high-growth technology-enabled companies in South Korea.

PJT Park Hill acted as the exclusive placement agent for CPEF III, and Gibson, Dunn & Crutcher served as the legal adviser for this fund.