First Report: June 30, 2008: Milestone Raising Third Fund
Milestone Partners is raising its third fund, according to a regulatory filing. The Pennsylvania-based lower middle market PE firm has a target of $240 million, which is double the size of its last fund (raised in 2004). According to the filing, dated April 7, 2008, Milestone Partners III LP had accumulated $103.1 million in commitments from 38 investors.
Latest update: Feb 9, 2009: Success! (Read more)
Closed. “Milestone Partners closed on capital commitments totaling $230 million for its third fund. The firm said it had a target of $200 million.”