Arcline said March 12 that it closed its debut fund on $1.5 billion. LPs include university endowments, sovereign wealth funds, family offices and charitable foundations.
Arcline Closes $1.5 Billion Inaugural Fund
Focus is on pursuing leveraged buyouts of high-quality middle-market businesses
NEW YORK and SAN FRANCISCO, March 12, 2019 — Arcline Investment Management, LP (“Arcline” or the “Firm”), a private equity firm established in September 2018, has closed its first investment fund, Arcline Capital Partners LP, at $1.5 billion. Arcline’s investor base is primarily comprised of university endowments, sovereign wealth funds, family offices and charitable foundations.
Rajeev Amara, CEO of Arcline said, “We want to thank our investors for entrusting us with their capital. At Arcline, we hope to continue our team’s historical record of achieving strong returns by investing in competitively differentiated market leaders and partnering with management teams who can create value by driving organic revenue and earnings growth.”
Founded in 2018, Arcline is a private equity firm with $1.5 billion of capital under management. The Firm invests in control buyouts of niche, high-quality middle-market businesses operating across a wide range of industries. Arcline targets companies valued up to $1 billion and has offices in San Francisco and New York.