Arlington Capital Partners a US private equity investment firm focused on government-regulated sectors, has held the final close of its latest fund, Arlington Capital Partners V with total capital commitments of approximately USD1.7 billion – hitting the Fund’s hard cap.
The fundraise, which was significantly oversubscribed, successfully reached its final closing in three months from its launch. The fund sourced capital commitments from a hand-selected, globally diverse group of marquis investors, including public pension funds, corporate pension funds, insurance companies, fund of funds, and foundations.
Fund V will continue Arlington’s strategy of targeting high-growth government-related sectors including aerospace and defence, government services and technology, healthcare, and business services and software. Since April 2018, Arlington has successfully realised on seven portfolio companies, invested in five new platforms and closed on seven new strategic add-on acquisitions. Founded over twenty years ago, Arlington has completed over 90 acquisitions since its inception, establishing itself as one of the most prolific investors in its government-related sectors. The Arlington team has cultivated an extensive network in the Washington D.C. area and has a history of creating value in partnership with founders and management teams of middle market companies operating in its target sectors. Arlington’s investment team is further supported by a network of strategic and operating advisors working alongside the Firm.
Evercore served as placement agent for the fundraise and Kirkland & Ellis, LLP served as fund counsel.