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 ...
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