DC Capital has closed its second private equity fund at a hard cap of $450 million. DC Capital Partners Fund II will focus on U.S.-based middle-market companies that are in the government services, engineering and construction services sectors. The fund will make individual investments between $25 million and $75 million. Champlain Advisors LLC was the placement agent.
ALEXANDRIA, VA, May 24th, 2017 – DC Capital Partners Management, LP (“DC Capital”), announced that it has conducted the final close of its first institutionally-backed private equity fund, DC Capital Partners Fund II, LP (the “Fund”) at its hard cap of $450 million. The Fund was established to make control, private equity-only investments in middle market, United States based, Government Services and Engineering & Construction Services businesses (the “Target Sectors”). The Fund targets equity investments of $25 to $75 million in aggregate per platform and has significant equity co-investment capacity from the General Partner and the Limited Partners to pursue larger investments.
The Principals of DC Capital have been investing primarily in the Target Sectors for over 30 years. Since DC Capital’s founding in 2007, the Principals have successfully invested over $200 million of their own personal capital across multiple platforms in the Target Sectors. The Fund was established to leverage the General Partners equity capital alongside partner capital to build a broader portfolio of differentiated, strategic businesses within the Target Sectors.
Champlain Advisors LLC served as exclusive global placement agent for the Fund and Arnold & Porter Kaye Scholer LLP served as fund formation counsel.
About DC Capital
DC Capital is a private equity investment firm headquartered in Alexandria, Virginia, focused on making control investments in middle market, U.S.-based, Government Services and Engineering & Construction Services businesses. Learn more at www.dccapitalpartners.com.
About Champlain Advisors, LLC
Champlain Advisors, LLC provides fund global fund placement, advisory and investor relations services to alternative investment managers. Founded in 2003, Champlain’s team has raised over $25 billion of institutional capital globally and is an SEC registered Broker/Dealer and FINRA/SIPC member firm. Please visit www.champlainadvisors.com or contact Terry Crikelair at (212) 686-7949 x112 for additional information.