Kian Capital Partners, a lower-middle-market focused private investment firm, has held the final closing on its latest fund, Kian Growth Partners III, which was oversubscribed at $400 million.
Kian Capital Partners (Kian), a lower-middle-market focused private investment firm, has held the final closing on its latest fund, Kian Growth Partners III (KGP III), which was oversubscribed at $400 million.
Kian’s existing limited partners (LPs) increased their support of the fund and were joined by a number of new, marquee lower-middle-market investors. KGP III’s LP base includes a diverse group of investors, including university endowments, fund of funds, financial institutions, family offices, and, notably, several founders of former Kian investments. Investor demand was well above the fund’s hard cap.
Founded in 2013, Kian provides financial resources and additional operational expertise lower-middle-market founder/owner-operated businesses. Over the last 18 months, Kian has invested in four platforms, completed eleven add-on acquisitions, exited five investments and brought on four new team members.
Robinson, Bradshaw & Hinson, PA acted as Kian’s legal advisor. Winston & Strawn acted as Kian’s regulatory counsel.
