Platinum cut time between first close and document deadline
Fund beat both $4.5 bln target and $5.5 bln cap
Fund IV was in market for about nine months
Platinum Equity managed demand for its fourth fund, which recently closed on $6.5 billion, by reducing the time between first closing and deadline for LPs to file final commitment documents to 90 days, according to Mark Barnhill, partner at the ...DON'T MISS IT! After two successful conferences on the East Coast, we’re bringing our LPs and fund managers to San Francisco for the first annual Emerging Manager Connect West on May 11. Don’t miss out on insightful panels and great networking! CLICK HEREfor details.
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