OpenGate eyes $500 mln for second fund

OpenGate, private equity, Andrew Nikou, emerging managers, private equity, Jay Yook, Robert Lezec
Andrew Nikou, founder and CEO of OpenGate Capital. Photo courtesy of the firm.
  • OpenGate could raise $500 mln or more
  • Not clear whether it's officially in market
  • Raised $305 mln in 2016
OpenGate Capital, formed by an ex-Platinum Equity executive, is eyeing $500 million for its second fund, sources told Buyouts. It’s not clear whether the firm is officially in the market. One source said OpenGate could raise more than $500 million. ...

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