Bregal Sagemount Closes Fund III At $1.5 Billion
Bregal Sagemount — 03 Mar, 2020
Fund was oversubscribed, surpassing $1.35 billion target
Bregal Sagemount, a leading growth-focused private equity firm, announced today that it has completed the final closing for Bregal Sagemount Fund III (“Fund III” or the “Fund”) at the Fund’s hard cap of $1.5 billion, exceeding its $1.35 billion target.
Fund III will continue the investment strategy Bregal Sagemount has pursued since its inception in 2012 and focus on providing flexible capital and strategic assistance to market-leading companies in high-growth sectors across a wide variety of transaction situations.
Gene Yoon, Founder and Managing Partner of Bregal Sagemount, said, “We are grateful for the support and trust from our existing investors and are pleased to welcome a select number of new top-tier institutions to the Sagemount partnership. We believe this group of limited partners is expressing confidence in Sagemount’s differentiated approach to sourcing, disciplined investing strategy and significant value creation at our portfolio companies.”
Fund III is comprised of institutional investors with a long-term commitment to private equity, including endowments, pension funds, insurance companies, and principal advisory firms. Bregal Sagemount retained Houlihan Lokey Capital, Inc. as the exclusive placement agent to the Fund and was represented by Goodwin Procter LLP.
About Bregal Sagemount
Bregal Sagemount is a growth-focused private capital firm with $3.5 billion in committed capital. Founded in 2012, the firm provides flexible capital and strategic assistance to market-leading companies in high-growth sectors across a wide variety of transaction situations. Bregal Sagemount invests $40 million to $150 million per transaction into both control and non-control positions and will make equity and/or junior debt investments. Targeted sectors include software, digital infrastructure, healthcare IT services, business and consumer services, and financial technology / specialty finance. For more information, please visit www.sagemount.com.
About Bregal Investments
Bregal Sagemount is part of Bregal Investments, a global private equity investment firm with investment teams based in New York, London, Munich and Dallas, managing commitments on behalf of multiple limited partners. Bregal Investments is an operating company of COFRA, a privately held group of companies headquartered in Europe which also include a global fashion retail business (C&A) and real estate business (Redevco).
Bregal Investments’ funds specialize in private equity buy-outs, special situations, credit, energy and private equity fund investing. The firm focuses on transforming and growing businesses for future success, with its funds focusing on longer-term value creation. Bregal was founded in 2002 and has grown extensively since then, with approximately $16 billion invested to date. For more information, please visit www.bregal.com.
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Flexible capital and strategic assistance for market-leading companies in high-growth sectors.Find out more
Bregal Investments is an international private equity firm providing a platform for four direct investment teams and a fund-of-funds team across the US and Europe.
All our investment teams have distinct investment strategies and focus on investing in mid-market companies in a variety of sectors in the US and Europe.
We champion a responsible investment approach focused on creating long-term, sustainable value and are conscious of the responsibilities we have towards all our stakeholders.