GoldPoint Partners raises $678m

New York Life’s PE firm closes its fourth fund of funds.

  • Fund name: GoldPoint Partners Select Manager Fund IV
  • Amount raised: $678 million
  • Stage of fundraising: Final close
  • Final close date: January 2020
  • Time on the road: Two years
  • Predecessor fund: GoldPoint Partners Select Manager Fund III
  • Amount invested to date: $658 million in 29 fund commitments; $83 million in 17 co-investments

GoldPoint Partners held a final close of GoldPoint Partners Select Manager Fund IV on $678 million. The fund will invest in middle market companies in Western Europe and the U.S. through commitments to private equity funds and co-investment capital. GoldPoint’s prior fund of this strategy, GoldPoint Partners Select Manager Fund III, closed on $223 million in 2015.