Private Equity News & Analysis

Fairview rounds up $600m this month(2)

The Connecticut fund of funds manager has closed on significant total commitments for three new pools of private equity capital.

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Fairview Capital Partners, the Farmington, Connecticut private equity fund of funds manager, has raised more than $600 million this month in three separate pools of capital, according to JoAnn Price, a partner at the firm.

A co-mingled venture capital fund of funds closed last week on $208 million.

Separately, Fairview has secured commitments of $300 million from an unidentified client for a separate account focused on venture capital, growth equity and some funds managed by recent GP spin-out groups.

The firm has also raised roughly $100 million from the State of New Jersey Investment Division for commitments to funds managed by so-called emerging managers, defined by Price as funds managed by GPs “of all persuasions” who have recently formed investment platforms.

In other news, Fairview last month entered into a joint venture with CAM Private Equity, a Cologne, Germany-based fund of funds firm.

Fairview was founded in 1994 by Price and Laurence Morse.