Drawing LP interest, Yenni Capital ups inaugural fund to $300M

Yenni Capital has raised the hard cap for its Yenni Income Opportunities Fund I by $100 million to $300 million after the New York firm drew strong initial interest from limited partners in its inaugural, lower-mid-market buyout fund. LPs in the fund are expected to be paid a minimum annual dividend of 10 percent and earn at least a 40 percent gross internal rate of return.

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