Spectrum quickly moves toward $1.25 bln cap on Fund VIII

A sailboat makes its way along the Charles River in front of the skyline of Boston, Massachusetts, U.S., August 4, 2017.   REUTERS/Brian Snyder - RC1E6B7DA7B0
  • Firm expected to close Fund VIII this month
  • Stays disciplined on fund size
  • Recently announced sale of RainKing
Spectrum Equity is heading for a first-and-final close this month for its eighth fund on its hard cap of $1.25 billion, people with knowledge of the process told Buyouts. Spectrum has been targeting $1 billion for Fund VIII. It’s not ...
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