Olympus Partners said Dec. 17 that its seventh institutional private equity fund closed on $3.04 billion. The total surpassed the $3 billion target for Olympus Growth Fund VII. Olympus, of Stamford, Connecticut, focuses on business services, logistics, healthcare manufacturing and services, industrial, financial services and consumer.
STAMFORD, Conn., Dec. 17, 2017 (For immediate release) — Olympus Partners is pleased to announce the formation of its seventh institutional Private Equity Fund, Olympus Growth Fund VII. Total Capital in Olympus Growth Fund VII is $3.04 billion. Olympus made its Fund offering in mid-September and is very grateful for the response from its existing investors who indicated interest in subscribing for more than the $3 billion Olympus intended to raise. Many of the investors have been with Olympus for decades as Olympus emphasizes building long term investor relationships with investors able to take the risk of illiquidity.
Olympus has raised more than $8.5 billion in seven institutional funds since its founding in 1988. Olympus also manages several Co-investment and Executive funds on behalf of its investors and portfolio executives. Olympus has a broad range of industry interests. Business services, logistics, healthcare manufacturing and services, industrial, financial services and consumer have been central to their strategy for many years. Olympus was founded by Rob Morris in 1988 and is headquartered in Stamford, Conn. Funds are managed by a team of 10 general partners and a Stamford-based investment team.
Contact: Olympus Partners, +1 (203) 353-5900