West Hill Partners Working Away on First Fund
West Hill Partners continues to work toward a first close on its debut fund, after more than a year of fundraising. Since November of 2007, the firm, formed by alums of PE firm J. W. Childs, has marketed its first effort. The firm hasn’t held a first close to date but expects one this quarter, a source said. Boston-based West Hill seeks to raise $500 million and has engaged Park Hill Group as its placement agent. The effort has experienced the challenges of a first-time fund in a difficult fundraising market but continues to push ahead with the effort, the source said. West Hill was created when Dana Schmaltz, former J.W. Childs President, left the firm in mid-2007.
12 January 2009•2 mins read
