CenterOak Partners, a $2.5bn private equity firm focused on control-oriented investments in middle market companies, has closed CenterOak Equity Fund III, at its hard cap with total capital commitments of over $1.1bn.
The fund’s capital was largely committed by existing institutional investors, but also attracted support from many new limited partners globally, including private and public pensions, endowments and foundations.
PJT Park Hill acted as global placement agent and Kirkland & Ellis acted as fund formation counsel.
