Paul Capital Raises $450 Million
Paul Capital has met the $455 million target for its fourth private equity fund-of-funds, according to an SEC filing. The vehicle, called Paul Capital Top Tier investments IV LP, was formed in April of 2007. Its prior fund-of-funds is a 2005 vintage with $626 in commitments. That $455 million comes from 19 investors, including Coal Pension Trustees Services, Florida Retirement System Trust Fund and Ohio Public Employees Retirement System. The filing describes the business as “Venture capital investment partnership,” although the firm’s website states that that includes small cap buyout funds as well. The fund also makes co-investments.
12 February 2009•1 min read
