Wellspring offers discounts to large LPs with $1.2 bln Fund VI

Wellspring Capital Management, private equity, pension fund
Springhead and cascade of Krupaja River running out from a cave at Krupajsko Vrelo, Serbia. Photo courtesy Aleksandar Milutinovic/iStock/Getty Images
  • Fund VI LPs who commit over $115 mln to get fee discount
  • Minnesota, Kansas among Fund VI backers
  • Fund V netting an 18.8 pct IRR through March
Wellspring Capital Management is offering management-fee discounts to the largest LPs in its new fund. Wellspring, which has been marketing its sixth flagship fund with a $1.2 billion target for about two years, will offer discounts on the management fee ...
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