Guardian Capital Partners more than halfway to Fund II target


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Guardian Capital Partners has raised $87.1 million for Guardian Capital Partners Fund II, more than halfway toward its target of $150 million.

The Wayne, Pennsylvania-based firm revealed the fundraising in a regulatory filing.

Guardian Capital Partners closed its debut fund with commitments of $50 million in January 2010. The firm makes control investments in lower middle market private companies located in the United States with annual revenues between $20 million and $100 million and EBITDA generally between $3 million and $9 million.

A recent investment for the firm was the acquisition of McCubbin Hosiery in December. Headquartered in Oklahoma City, McCubbin Hosiery is a children’s and women’s hosiery platform with extensive distribution of branded and private label socks, tights, slippers, leg warmers and infant soft sole shoes.

Image courtesy of Shutterstock

Fundraising? Then you don’t want to miss EMERGING MANAGER CONNECT in NYC on Jan. 24. This event is packed with 100+ LPs managing more than $45 billion devoted to emerging managers combined. Details are here: http://bit.ly/2ed5fcM

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