Quad Partners has raised $105.1 million to date for its Quad Partners V, per a SEC filing. The New York-headquartered firm has set an undisclosed target and began fundraising in 2016. The SEC filing did not disclose whether the capital raise constituted a final or interim close.
Its previous fund raised $207 million in 2012.
The fund will target buyout opportunities in education sectors in North America.Â