Global Outlook 2024 Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

Pegasus hits USD 750 million cap for fourth private equity fund

Cos Cob, Connecticut-based Pegasus Capital Advisors revealed that it closed its fourth private equity fund in early Q4, hitting the USD 750 million cap that had been set.

Cos Cob, Connecticut-based Pegasus Capital Advisors revealed that it closed its fourth private equity fund in early Q4, hitting the USD 750 million cap that had been set.

‘Given the quality of our investment pipeline and the depth of our transaction team, we are especially well positioned to deploy this capital in an efficient manner,’ says Pegasus founder and Co-Managing Partner, Craig Cogut.

 ‘We are extremely pleased with the increased support we received from key existing limited partners as well as new institutions that were drawn to our investment and operating model,’ adds Stefanie Langer, Director – Investor Relations/Business Development. 

Pegasus raised the capital from a variety of limited partners that included major public and corporate pension funds, leading endowments, fund of funds and family offices.  Fund IV has already made a number of investments, including most recently an investment in T&M Protection Resources, a leading security services provider in New York.

Park Hill Group assisted in the placement of the fund and Akin Gump Strauss Hauer & Feld LLP served as legal counsel.

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured