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Monomoy closes oversubscribed Fund V at $2.25bn

Monomoy Capital Partners, a private investment firm focused on the middle market, has closed its oversubscribed fifth private equity fund (Fund V) at $2.25bn, including a $250m GP commitment, exceeding its initial target of $1.6bn.

The firm’s previous fund closed in late 2021 at over $1.1bn.

Due to substantial interest and significant demand from a growing and globally diversified investor group, Fund V’s limited partner hard cap was fully allocated at $1.99bn within eight weeks and reached its final close in just five months. Commitments from new and returning LPs across leading endowments, foundations, pension plans, insurance companies and family offices effectively doubled Monomoy’s investor base.

In alignment with Monomoy’s longstanding focus, Fund V will invest in manufacturing, distribution and business services companies.

Ropes & Gray LLP served as fund counsel, and Probitas Partners served as placement agent.

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