Parthenon Capital, a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin, has held the first and final close of Parthenon Investors VI with more than USD2.0 billion in commitments.
Parthenon Fund VI exceeded its initial fund target of USD1.5 billion.
“We appreciate the rapid and significant support we received from existing limited partners and welcome an outstanding group of new investors to the Parthenon family,” says Brian Golson, managing partner and co-chief executive officer.
Dave Ament, managing partner and co-chief executive officer, adds: “We continue to be excited by the opportunity to build franchise companies in our target sectors and look forward to growing our firm and deploying our strategy in the coming years.”
Ropes & Gray LLP was counsel to Parthenon Fund VI, while Kirkland & Ellis represented Parthenon Capital for all management company documentation. Parthenon did not use a placement agent in the fundraising.
