Incline Equity Raises More than $301 Mln for Fund III

Incline Equity Partners said Wednesday that its most recent fund collected over $301 million of capital commitments. Investors in Incline Equity Partners III L.P. include pension funds, fund-of-funds, insurance companies, family offices, and foundations, as well as executives from Incline’s current and prior portfolio companies, the PE firm said. IEP III represents Incline’s first fund raised as an independent firm. Sixpoint Partners served as placement agent and Covington & Burling was the attorney. Pittsburgh-based Incline Equity targets the lower middle market and makes investments of $10 million to $25 million in growth companies with enterprise values between $25 million and $100 million.

ManagersNorth AmericaUSBriefs