Percheron Capital (Percheron), a private equity firm focused on partnering with high-quality essential services businesses, has closed its second fund, Percheron Capital Fund II , with $1.55 billion in total commitments.
The fund, which was oversubscribed and closed at its hard cap, attracted commitments from a diverse, global group of investors. Percheron’s previous fund closed at its $770m hard cap in September 2021.
According to a press statement, Fund II will continue Percheron’s strategy of identifying, acquiring and rapidly growing essential services businesses in North America.
Kirkland & Ellis LLP served as fund counsel to Percheron.
