Saothair Capital Partners Announces Successful Fund II Closure
On July 3, 2025, Saothair Capital Partners, LLC, a private equity firm specializing in investments within the middle-market manufacturing sector, proudly declared the successful closing of its second fund, Saothair Fund II, L.P. This fund marks a notable milestone as it secured over $300 million in capital commitments from a diverse range of investors, which is more than double the amount raised in its initial fund.
The oversubscribed nature of the closure highlights the strong confidence that both returning and new institutional investors place in Saothair’s investment strategy. Among these investors are several esteemed college and university endowments, family offices, and outsourced Chief Investment Officers (CIOs), which collectively echo the firm's reputation in the industry.
Investment Strategy Focused on Unique Challenges
Saothair's investment approach aims to target manufacturing companies that are experiencing transitional challenges. The firm's focus remains on control investments, particularly in situations like corporate carve-outs, bankruptcies, and out-of-court restructurings. The objective is to identify companies that are not only navigating challenging circumstances but also have potential for growth through strategic intervention.
Co-Founder and Managing Partner Kevin Madden emphasized the importance of Fund II as a significant progression in their mission to support manufacturing entities facing unique operational or financial hurdles. He stated, "We are extraordinarily grateful for our new and returning limited partners, who recognize and embrace the differentiated nature of our investment approach."
Richard Lozyniak, Co-Founder and Operating Partner of Saothair, expressed his enthusiasm regarding the firm’s commitment to partnership with management teams to foster improvement and growth. He noted that the firm’s approach is hands-on and execution-oriented, with a steadfast dedication to generating long-term value.
Partnerships and Support
To facilitate this fundraising effort, Pacenote Capital LLC acted as the exclusive placement agent for Saothair, while McGuireWoods LLP provided necessary legal counsel throughout the process. Additionally, IQ-EQ served as the fund administrator, ensuring that the administrative aspects were managed effectively and efficiently.
Saothair Capital Partners is recognized for its focus on middle-market manufacturing and industrial companies that are facing operational or financial difficulties. The firm's investment portfolio spans various industries, including paper and packaging, plastics, metals processing, automotive and heavy truck, building products, healthcare-related products, and niche food and beverage manufacturing.
Through long-term partnerships with stakeholders, Saothair strives to ensure the continual success of the businesses in which it invests. The emphasis on equity investments in challenging environments places Saothair in a distinctive position within the private equity landscape, allowing for the creation of robust value through effective operational improvements and strategic realignment.
Looking Forward
As the firm moves ahead with the capital raised from Fund II, the operational team is set to continue refining its strategies to address the complexities faced by the manufacturing sector. Through proactive management and an unwavering focus on operational excellence, Saothair Capital Partners is poised to make meaningful impacts in its investment endeavors, providing significant support to companies in transformative phases.
For more detailed information on Saothair Capital Partners and their investment strategies, please visit
website.