Searchlight Capital Partners closed its second fund on more than $1.9 billion. Park Hill Group worked as placement agent on the fundraising.
Searchlight Capital Partners, L.P. (“Searchlight”), today announced the final close of Searchlight Capital II, L.P. (“the Fund”) with total committed capital of over $1.9 billion.
Commenting on the Fund closing, Erol Uzumeri, a Founding Partner of Searchlight, said: “We are very grateful for the support of our existing and new investors from around the globe. We remain committed to creating value within our partner companies by providing thoughtful strategic direction and flexible capital. Our transatlantic platform, fully integrated team, and differentiated investment mandate allow Searchlight to capitalize on a wide range of global opportunities across multiple industries.”
Latham & Watkins LLP served as legal counsel to the Fund and Park Hill Group served as placement agent.
About Searchlight Capital Partners, L.P.
Searchlight is a global private investment firm with offices in New York, London and Toronto.
Searchlight invests in businesses where its long term capital and strategic support accelerate value
creation for all stakeholders. For more information, please visit www.searchlightcap.com