Star Mountain kicks in $13.9 mln in partner capital for sophomore fund: updated

Star Mountain Partners raised $13.94 million through an internal partners vehicle for its second fund, which recently closed on about $300 million, according to a person with knowledge of the fundraising and an SEC filing. The $13.9 million is part of the $300 million total, the person said. The New York-based alternative asset manager focuses on U.S. companies in the lower middle-market.

Update: This report has been updated to include information about fundraising for Star Mountain’s second pool.