Sun Capital Partners Announces Closing on Sun Capital Partners V, L.P., a $6.0 Billion Leveraged Buyout Fund
Sun Capital Partners, Inc. ("Sun Capital"), a leading private
investment firm focused on leveraged buyouts, equity, debt, and other
investments in market-leading companies that can benefit from its
in-house operating professionals and experience, announced today the
closing of Sun Capital Partners V, L.P. ("Fund V"), a $6.0 billion
leveraged buyout fund. Subscriptions for Fund V surpassed the original
$4.0 billion target due to demand from existing and new domestic and
international limited partners. Participating in the new fund were
university endowments, fund-of-fund investors, public and private
pension funds, financial institutions, and high net worth family
offices and trusts.
Marc J. Leder, Co-CEO of Sun Capital said, "We are pleased to
close on Fund V and are extremely appreciative of the continued
support of our limited partners. We welcome our new investors to our
family of limited partners and are enthusiastic about the investment
opportunities for Fund V."
Douglas Gessner, Kirkland & Ellis LLP, served as the legal advisor
to Fund V.
Sun Capital affiliates invest in companies that typically have a
number of significant barriers to entry. Sun Capital uses its in-house
resources and operating expertise to assist these companies in
improving their performance. Since its founding in 1995, Sun Capital
affiliates have invested in and managed more than 145 companies
worldwide with combined sales in excess of $33.0 billion. Sun Capital
has offices in Boca Raton, Los Angeles, and New York, as well as
affiliates with offices in London, Tokyo, and Shenzhen. For more
information, please visit www: SunCapPart.com.