#United States #Private Equity #Walnut Creek #Insignia Capital #Fund III

Insignia Capital Group Closes $500 Million Third Fund

Insignia Capital Group, a prominent player in the private equity industry, has recently announced the successful closing of its third fund, which amassed over $500 million in total capital commitments. This new fund not only exceeded its initial target of $375 million but also closed at its hard cap, showcasing robust investor interest and commitment to its strategy.

The oversubscription of the fund is a testament to Insignia's strong reputation among its existing limited partners, as well as the allure it holds for a small number of new investors. David Lowe, Managing Partner at Insignia, expressed his gratitude for this achievement, especially in a challenging fundraising environment, stating, "Achieving this outcome is a privilege and an affirmation of our strategy and the trust our limited partners place in us."

Tony Broglio, another Managing Partner, emphasized the significant responsibility that comes with managing such capital: "Closing the fund is only the beginning—we recognize the significant responsibility we have to the foundations, endowments, pension plans, and investors that have entrusted us to deliver strong performance on behalf of their beneficiaries." This highlights Insignia's commitment to generating value for its investors and ensuring a successful outcome for all stakeholders involved.

The focus of the new fund is in line with Insignia's previous investments, targeting control and influential minority stakes in North American companies primarily within the tech-enabled business services and consumable products sectors. The firm is dedicated to partnering with founders and management teams to foster organic growth, supplemented by strategic mergers and acquisitions to enhance their portfolios.

The legal counsel for this funding round was provided by Kirkland & Ellis LLP, while M2O Private Fund Advisors served as the placement agent. This strategic collaboration reflects Insignia's methodical approach to fund management and investor relations.

About Insignia Capital Group

Founded with the vision to build world-class companies, Insignia Capital Group is dedicated to driving growth within the consumer and business services sectors. The firm collaborates closely with company founders and their teams to optimize their full business potential. This partnership approach not only enhances operational efficiency but also aligns with the long-term objectives of their investors.

As this new fund begins its journey, the Incignia team stands poised to capitalize on evolving industries, empowering businesses to reach unprecedented heights. Their rigorous investment philosophy and commitment to strong performance set Insignia apart as a leader in the private equity landscape.