Edgewater closes fourth growth fund at over $1 bln


Chicago-based private equity firm The Edgewater Funds has closed its oversubscribed fourth growth fund at over $1 billion. The limited partners of Edgewater Growth Capital Partners IV include private and public pensions, endowments, foundations, insurance companies, family offices and high-net-worth individuals. Edgewater focuses on middle-market companies. Edgeline Capital Partners was the placement agent.

PRESS RELEASE

Los Angeles, November 1, 2017 – EdgeLine Capital Partners is pleased to congratulate the Edgewater Funds on the successful final close of its oversubscribed Edgewater Growth Capital Partners IV, L.P. at $1 Billion+. Investors included private and public pensions, endowments, foundations, insurance companies, family offices and high-net-worth individuals. “We have been privileged to work with Edgewater on its successful fundraise,” said Joe Silver, co-founder and managing partner at EdgeLine Capital Partners. “Their ability to partner with proven senior executives that have been leaders in their fields allows them to build industry leading companies in a variety of industries through acquisitions and organic growth.”

Joe Silver added, “We have been long time believers in Edgewater’s ability to execute its investment strategy and deliver positive results for its investors. We are proud to have had the ability to partner with them in Funds III and IV.”

About Edgewater Funds The Edgewater Funds (www.edgewaterfunds.com) is a Chicago-based private equity firm with $2.7 billion in committed capital. Through Edgewater Growth Capital Partners, Edgewater partners with management to help accelerate growth in their business. Edgewater focuses on funding high quality middle market companies where we can add substantial value through capital, our experience and our broad network. Edgewater leverages the experiences of its Partners and Executive Advisory Board who have distinguished themselves as successful CEOs and business leaders.

About EdgeLine Capital Partners EdgeLine Capital Partners (www.edgelinecapital.com), through its SEC-registered broker-dealer, EdgeLine Capital LLC, is a leading independently owned placement firm dedicated to raising capital for carefully screened premier investment strategies and partnerships. Founded in 2009, each of the firm’s partners has an average tenure of over 20 years in the investment business, with backgrounds in asset management, business development, investment banking, and financial structuring. The firm’s team of seasoned senior professionals has represented GPs that have successfully secured capital commitments in excess of $50B from a broad set of domestic and international institutional investors, representing multiple alternative investment strategies.

 

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