Bernhard raises over $1 bln for Fund II, expected to close soon

Bernhard Capital, private equity, Jim Bernhard
A cross section of downtown Baton Rouge is seen in Louisiana, U.S. July 16, 2016. Photo courtesy REUTERS/Joe Penney - RTSIC7O
  • Closed Fund I on $750 mln in 2016
  • Raising Fund II since last year
  • Final close expected soon
Bernhard Capital is approaching final close on its second fund and has already raised more than its $1 billion target, according to a person with knowledge of the firm. Bernhard has been in market with Fund II since last year. ...

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