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Littlejohn & Co closes on USD2.84bn Private Equity Fund VI

Private investment firm Littlejohn & Co has held the final closing of Littlejohn Fund VI, with USD2.84 billion of committed capital, exceeding the fund’s target of USD2.5 billion. The firm’s previous fund, Littlejohn Fund V, with USD2.0 billion of committed capital, was raised in 2014.

Michael Klein, Chief Executive Officer and co-Founder of Littlejohn, says: “We are grateful to both our existing and new investors for the trust they place in Littlejohn to invest their capital. We plan to continue to execute on Littlejohn’s strategy of partnering with management to transform businesses via investments in equity and special situations in a broad range of middle market companies. Our operational focus and distressed investment skills are strong differentiators for us in the marketplace.”
 
Since 1996, Littlejohn has focussed on the fundamental opportunities and challenges faced by companies in the middle market. As an investor in private equity and special situations, the firm has deep experience and a long history of investing in a broad range of businesses. Littlejohn has successfully partnered with business leaders and stakeholders to make good companies better, to carve out operating divisions of large corporations, and to turn around companies facing operating or financial stress.
 
Littlejohn has 43 investment professionals who have built a collaborative, stable and high-performance culture for over two decades. Littlejohn invests in middle market companies with annual revenues typically between USD100 million and USD800 million, and generally invests USD50 to USD150 million of equity in its private equity investments. Littlejohn’s complementary special situations investment strategy takes positions in the securities of stressed and distressed middle market companies. The firm invests across a broad range of industries and acquires manufacturers, distributors, and service providers.
 

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