Spectrum Holds First Close On Sixth Fund
Spectrum Equity Investors is in the market with its sixth fund, according to a regulatory filing. Principal Benjamin Spero said the fund held a first close in Q4 of last year, comments he made at yesterday's Gridley Conference at the Essex House in New York. A liveblog of that conference is available here. Spero declined to comment further and his colleagues didn't return calls asking the size of the first close. However, according to the filing, the fund has a $1.25 billion target. That's not a big leap from its prior fund, a $1.2 billion pool that closed in 2005. Here's what I could could find on the performance of
15 January 2009•1 min read
