BOSTON, Jan. 12, 2017 /PRNewswire/ -- JMC Capital Partners ("JMC"), a private investment firm that provides equity capital to execute its Platform Strategy in North America, announced the first and final close of JMC Platform Fund II (the "Fund"), with $206 million in total capital commitments. As a result of strong investor interest from returning and new limited partners, JMC closed the Fund at its hard cap and was significantly oversubscribed. Investors in the Fund represent a diverse group of global private equity investors, including foundations, endowments and family offices. The Fund is the successor to JMC Platform Fund I, raised in 2013, which had $125 million in capital commitments.
Consistent with JMC's private equity strategy and investment philosophy, the Fund will continue to execute its operationally focused Platform Strategy in the Lower-Lower Market within the Industrial Products and Industrial Technology Sector.
"Since inception, JMC has invested heavily in all areas of the firm, and continues to do so. We are appreciative of the support and confidence we have received from both our existing and new investors. We are firmly committed to aggressively execute on our strategy and serve our investors, management teams, and employees," said Michael D'Amelio, JMC's Managing Partner.
Goodwin Procter served as legal advisor to JMC Capital Partners.
About JMC Capital Partners:
Founded in 1999, JMC focuses on executing a proven Platform Strategy that is designed to accelerate company growth through acquisitions, operational excellence and integration, and enhanced strategic direction. Additional information concerning JMC's investment strategy, leadership team and Platform investments may be found at www.jmccp.com.
Media Contact:
Andrea Leung
JMC Capital Partners
Marketing Manager
617.670.2631
[email protected]
SOURCE JMC Capital Partners
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