Clearview Capital has closed its latest fund with $325 million in commitments. Investors includes endowments, foundations, pension programs, consultants and high-net-worth family offices. Clearview specializes in acquiring North American companies with operating profits of up to $20 million. Atlantic-Pacific Capital served as global placement agent for the fund.
NEW YORK / LONDON / HONG KONG – Atlantic-Pacific Capital, the largest privately-owned global placement agent and advisory firm, announced the oversubscribed final closing of Clearview Capital Fund III, L.P. (the “Fund”) with $325 million of capital commitments. The Fund, managed by Clearview Capital (“Clearview” or the “Firm”), received tremendous support from a broad group of institutional investors including endowments, foundations, pension programs, consultants and high-net-worth family offices.
Formed in 1999 by Jim Andersen and Cal Neider, Clearview has pursued the same investment strategy since inception while establishing itself as a specialist in acquiring and developing companies with less than $10 million of EBITDA. With offices in Old Greenwich (CT), Chicago and Los Angeles, the Firm utilizes a national sourcing approach to identify and acquire companies with excellent growth potential due to inefficiencies that lower middle-market companies often display.
“We are extremely pleased with the strong support we received from existing and new investors alike. Atlantic-Pacific Capital did an excellent job managing the marketing process in an efficient, organized and expedited manner to help us achieve a final close in approximately five months,” said Jim Andersen, Managing Partner & Founder at Clearview Capital.
“We are pleased that our LP clients recognized Clearview’s differentiated attributes and wish the Firm continued success in the lower middle-market segment,” commented Victor Manuel, Partner at Atlantic-Pacific Capital.
About Clearview Capital (www.clearviewcap.com)
Clearview Capital, LLC is a private investment firm specializing in the acquisition and recapitalization of North American companies with operating profits of up to $20 million. The Firm’s principals have a long track record of completing transactions and of working collaboratively with management to create and realize value.
About Atlantic-Pacific Capital (www.apcap.com)
Atlantic-Pacific Capital is the largest privately-owned global placement agent and advisory firm dedicated to raising capital for alternative investments. Since 1995, the firm has executed over 70 capital raising assignments aggregating over $50 billion for an extraordinary group of alternative asset managers. Typical projects include private equity, real estate and infrastructure fund placements, as well as secondary advisory mandates and direct private placements. With experienced professionals on the ground in New York, Greenwich, Chicago, San Francisco, London and Hong Kong, Atlantic-Pacific maintains a global network of trusted relationships with institutional and high net-worth investors.
CLEARVIEW CAPITAL REACHES HARD CAP OF $325 MILLION FOR THIRD FUND