Gores Group Starts Raising Small Cap Fund
The Gores Group, a buyout firm that oversees $3.8 billion across three funds, has started raising a fourth fund to tap opportunities among distressed situations at the smaller end of the market. The new fund, the Gores Small Capitalization Fund LP, has a $300 million target. Information about the new fund was contained in memos from the San Diego County Employees Retirement Association, which finalized a $30 million commitment to the new fund at its Dec. 15 investment meeting, confirmed Yegin Chen, San Diego CERA’s head of private equity, in an e-mail message. Terms of San Diego CERA’s investment include...
4 January 2012•3 mins read
