Pennsylvania-based private equity firm Taurus Private Markets has held the final close of Taurus Private Markets Fund II, which initially targeted $150m, with over $211m in capital commitments.
The fund received support from a diverse investor base which includes public pension plans, Taft Hartley plans, insurance companies, and family offices.
Taurus Private Markets invests in value-oriented, lower middle market leveraged buyout and private credit partnerships with target fund sizes less than $1.25bn. The firm also invests with blue chip venture capital partnerships with target fund sizes less than $750m. This fund of funds investment strategy is complemented by co-investments in privately held companies and secondary transactions.