Just closed: CenterOak raises $420m

Caledonia Investments and the Oklahoma Police Pension and Retirement System are two of the fund's limited partners

CenterOak Partners has held a final close on its debut fund at the $420 million hard-cap, surpassing the $350 million target set at launch in November 2014. The capital will be invested into companies with potential for long term growth focused on sectors such as industrial, consumer and business services. 

Caledonia Investments and the Oklahoma Police Pension and Retirement System were two of the institutional investors to commit to this fund. Foundations and endowments made up the majority of the remaining investor base.

Credit Suisse Private Fund Group was the placement agent on the fundraise.