Austin, Texas-based Peak Rock Capital LLC has closed its oversubscribed second fund at a hard cap of $1.3 billion, beating its $900 million target.
Peak Rock Capital Fund II will invest in middle-market companies.
The fund’s limited partners include public pensions, private pensions, endowments, foundations, insurance companies and asset managers.
John Muno, Bruce Ettelson and Kevin Wessel from Kirkland & Ellis LLP provided legal counsel on the fund formation.
Excited happy young woman sitting at table with growing stack of coins under a money rain isolated on gray wall background. Photo courtesy of SIphotography/iStock/Getty Images