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Inverness Graham raises USD415m for latest fund

Inverness Graham Investments, a lower middle market private investment firm, has raised USD415 million for Inverness Graham Investments IV (IGI-IV), eclipsing its USD300 million target and meeting its hard cap in less than four months. The firm did not use a placement agent.

IGI-IV will continue its strategy of acquiring high growth, technology enabled businesses with a buy and build approach leveraging the 50-year operating history of the Graham Group. The firm typically invests in companies with enterprise values of less than USD100 million and EBITDA between USD3 and USD10 million. The firm has completed 57 transactions, including 21 platform companies, since inception.
 
“We are delighted by the outcome of fundraising for IGI-IV and appreciative of the strong support from both new and existing investors alike,” says Ken Graham, Senior Managing Principal at Inverness Graham. “We believe this success is a testament to our experienced team, consistent and strong track record, and differentiated, repeatable model for value creation. We look forward to continuing to partner with great management teams and build businesses of enduring value.”
 
IGI-IV includes commitments from a diverse group of US and European investors including pension funds, endowments and foundations, insurance companies, fund of funds and family offices.

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