Parish Capital has held first closes on two new funds-of-funds: Parish Capital III, a North American fund with a $450 million target; and Parish Europe II, a Europe-focused fund with a €250 million target. The firm announced the closings earlier this month, but without disclosing how much had been raised. Now, according to regulatory filings, we’ve learned that Parish Capital III has secured $73 million and Parish Europe II has secured $73 million.
The filings also indicate that the North American fund has a $600 million cap, and the European fund has a cap of approximately $502 million. www.parishcapital.com