New Water Capital debut fund raises $406 mln, ahead of target
New Water Capital, a young turnaround firm led by veterans at Sun Capital, is wrapping up capital-raising in less than six months for its first buyout fund, according to a person familiar with the firm. After initiating the effort in February, the debut fund drew in $406 million in LP commitments, ahead of its $250 million target, according to a source and a filing.
13 July 2015•2 mins read
