Dextra Partners, a multi-strategy private equity firm focused on the middle market, has closed Dextra Co-investment Fund VII at its $825m hard cap, exceeding its $650m target and bringing the firm’s assets under management to approximately $5bn.
The fund attracted commitments from a global investor base including pensions, insurance companies, asset managers, family offices, and high net worth individuals, with half of the commitments originating from outside the United States.
Sixty percent of investors have experience working with the firm’s six founding partners prior to the establishment of Dextra in 2022.
The fund seeks to generate attractive risk-adjusted returns through equity co-investments in resilient middle market companies.
Opportunities are originated from sponsors where Dextra builds deep relationships as a meaningful limited partner typically early in their life cycle.
Dextra’s integrated investment model aims to optimise sourcing and decision-making by facilitating ease of use, transaction insights, and access to subject matter experts.
