Incline Equity Partners (Incline), a private equity firm focused on investments across the middle market, has held the final close of Incline Equity Partners VI, with more than $1.9bn aggregate capital commitments, significantly surpassing its initial fundraising target.
The fundraising includes participation by the the firm’s GPs and employees of more than $120m, representing a commitment of over 6%.
The Fund will continue Incline’s strategy of investing in “durable businesses with multiple ways to win” across the value-added distribution, business services and specialised light manufacturing sectors.
With the closing of Fund VI, Incline has now raised almost $6bn in total capital.
In the last year, Incline has added seven new platforms to its portfolio, and further expanded its New York presence with a new office to accommodate its growing team.