Kinderhook Industries raises $1.85bn

The US investment firm has held a final close on its seventh fund.

  • Fund name: Kinderhook Capital Fund 7
  • Fund size: $1.85 billion
  • Stage of fundraising: Final close
  • Date of final close: November 2022
  • Time on the road: 13 months
  • Predecessor fund: Kinderhook Capital Fund 6 ($1 billion)

Kinderhook Industries has held a final close for Kinderhook Capital Fund 7 on $1.85 billion, inclusive of over $250 million in commitments from the General Partner, Operating Partners and Affiliates, the firm confirmed in a recent press release.

The fund surpasses its predecessor, Kinderhook Capital Fund 6, which held a final close on $1 billion in January 2020. Fund VII follows the same strategy as its predecessor in the series and invests in North America, with a focus on buyout vehicles.

Kinderhook received commitments from a variety of institutional investors including endowments, foundations, family offices and pensions.

Kinderhook Industries is a private investment firm founded in 2003, with a focus on mid-market businesses in the healthcare services, environmental, business services, automotive and light manufacturing sectors.