Compass Group Equity Partners, a St Louis-based private equity firm, has held the closing of Compass Group Fund II at its hard cap of $255 million, exceeding an original target of $200 million.
The firm secured commitments from a broad array of high-quality limited partners, including university endowments, family offices, pension funds, insurance companies, funds of funds and other institutional and high-net-worth investors through a significantly oversubscribed fundraising process that took just over six months to complete.