Gallant Capital has closed its debut fund at $378 million, beating its $300 target. Gallant Capital Partners I’s limited partners include public and corporate pension funds, financial institutions, insurance companies, endowments and foundations, fund-of-funds, wealth managers and family offices from North America and Europe. Park Hill Group served as placement agent for the fund while Kirkland & Ellis LLP provided legal counsel.
LOS ANGELES–(BUSINESS WIRE)–Gallant Capital Partners, LLC (“Gallant Capital”), a Los Angeles-based private equity firm, is pleased to announce the final closing of its inaugural fund, Gallant Capital Partners I, LP (“Fund I”) with $378 million in total commitments. Fund I reached its hard-cap and was substantially oversubscribed, exceeding its target of $300 million. Investors include public and corporate pension funds, financial institutions, insurance companies, endowments and foundations, fund-of-funds, wealth managers and family offices from North America and Europe.
Gallant Capital was formed in 2018 and is led by Jon Gimbel, Anthony Guagliano and Desmond Nugent. Gallant Capital deploys an operationally focused investment strategy and since its formation has completed ten investments. Fund I will continue to pursue investment opportunities where it can partner with founders and operators, as well as corporate sellers, and leverage its experience to drive operational transformations and value creation. Its deep bench of operational and investment resources provides the much-needed support that is often unavailable in the lower middle market.
Park Hill Group served as placement agent and Kirkland & Ellis LLP provided legal counsel.
About Gallant Capital
Gallant Capital, LLC (“Gallant Capital”) is a private equity firm executing an operationally focused strategy. Gallant Capital makes control investments in sectors where its team of investment professionals has extensive experience and relationships including Technology, Aerospace & Defense, Business Services, and Industrials. Our investment and operation teams work with a company’s management to drive value creation through operational transformation, investment in people and strategic acquisitions. For more information, please visit www.gallantcapital.com.