FFL Partners (FFL), a private equity firm focused on growth investments in middle market companies, has held the final closing of FFL Capital Partners V, and related vehicles , with over $900 million in total capital commitments.
FFL closed the oversubscribed Fund V well above its $750 million target, raising the firm’s total AUM to $5.4 billion.
This is the first fund raised since Cas Schneller and Chris Harris were named Managing Partners of the firm.
Similar to FFL’s prior funds, Fund V will continue to make equity investments ranging from $50 million to $200 million in control or significant minority stake transactions, with the ability to participate in larger transactions in select circumstances. The firm’s Sector Exploration and Expertise Development (“SEED”) process provides differentiated angles within competitive processes and can generate proprietary opportunities, while the firm’s team of seven Operating Partners engages deeply with portfolio companies to accelerate growth post-investment.
