Arlington Capital Partners (Arlington), a US private investment firm specialising in investments in government regulated industries, has closed its latest fund, Arlington Capital Partners VI (Fund VI), at its hard cap of $3.8bn, making it the firm’s largest fund to date.
The fund, which was significantly oversubscribed, exceeded its original target of $3.25bn.
According to a press release, Fund VI will follow Arlington’s founding thesis of investing in, and growing companies in the aerospace and defence, government services, technology and healthcare sectors, focused on developing next generation national security technologies to creating supply chain resiliency and supporting medical advancements.
To date, Fund VI has already completed eight platform investments and ten follow-on acquisitions, partnering with founders and management teams to build aerospace engine components, fabricate submarine structures for the US Navy, develop cyber solutions, manufacture biomaterials and therapeutics and modernise public sector software solutions.
Evercore acted as Arlington’s exclusive global placement agent, and Kirkland & Ellis served as fund counsel.
