Staley Capital Gets Its First Fund Close

Raising a new fund over the past two years has been hard. Raising a first-time fund has been even harder. And raising a first-time fund formed just before the Lehman Brothers meltdown has been harder still. That's the uphill battle faced by Staley Capital, a Boston-area firm formed in August 2008 to focus on the business services space. Staley put its formal fundraising plans on hold, and used a special purpose vehicle to invest an undisclosed amount in Chicago-based marketing agency Aspen Marketing Services.

3 June 2010•1 min read
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