KRG Capital Partners has raised $281.9 million to date for its Mountaingate Capital Fund I, according to a SEC filing. The Denver-headquartered firm has set a $300 million target and began fundraising in 2015. The SEC filing did not disclose whether the capital raise constituted a final or interim close.
Its previous fund raised $2 billion in 2007.
The fund will target buyout opportunities in a diverse number of sectors in North America.