Arlington Capital Partners has closed its oversubscribed fourth fund at a hard cap of $700 million, beating its $575 million target. The limited partners of Arlington Capital Partners IV LP include public pension funds, corporate pension funds, insurance companies, fund of funds and foundations. Fund IV will focus on government-related sectors, such as aerospace and defense. Evercore Private Funds Group was the placement agent.
Washington, D.C., August 3, 2016 – Arlington Capital Partners (“Arlington” or the “Firm”), a Washington, D.C. area based private equity firm focused on investments in government-regulated and adjacent verticals, today announced that it has successfully raised its latest fund, Arlington Capital Partners IV, L.P. (“Fund IV” or the “Fund”) with total capital commitments of $700 million, the Fund’s hard cap, and in excess of its target of $575 million. The fundraise, which was significantly oversubscribed, successfully reached its final closing three months of its launch.
Fund IV received capital commitments from a globally diverse group of investors, including public pension funds, corporate pension funds, insurance companies, fund of funds, and foundations. The Fund will continue Arlington’s strategy of targeting high-growth government-related sectors including aerospace and defense, government services and technology, healthcare, and business services and software. Since the Firm’s founding in 1999, the Arlington team has cultivated an extensive network in the Washington D.C. area and a history of creating value in partnership with founders and management teams of middle market companies operating in its target sectors.
Evercore Private Funds Group acted as the exclusive global placement agent for the fundraise, and Kirkland & Ellis, LLP served as legal counsel.
About Arlington Capital Partners
Arlington Capital Partners is a Washington, D.C. area based private equity firm that has managed more than $2.2 billion of committed capital via four investment funds, including Fund IV, focused on middle market investment opportunities in government related growth industries including: aerospace and defense, government services and technology, healthcare, and business services and software. The firm’s professionals and network have a combination of operating and private equity experience that enables Arlington to be a value-added investor. Arlington seeks to invest in companies in partnership with high quality management teams that are motivated to establish and/or advance their company’s position as leading competitors in their field. www.arlingtoncap.com