Levine Leichtman Capital Partners Fund V Oversubscribed with $1.65 Billion of Capital Commitments
LOS ANGELES, March 27, 2014 /PRNewswire/ -- Levine Leichtman Capital Partners held a final closing on $1.65 billion of capital commitments for Levine Leichtman Capital Partners Fund V, L.P., exceeding its target of $1.5 billion. Fund V has received worldwide support from institutional investors including leading public and private pension funds, sovereign wealth funds, endowments and foundations, insurance companies, fund of funds and family offices. Fund V has already closed two investments totaling approximately $200 million. Levine Leichtman Capital Partners IV, L.P., a 2008 vintage fund, consisted of $1.1 billion of capital commitments.
"We are very pleased by the support we have received from existing and new limited partners. Institutional investors responded very favorably to our differentiated investment strategy and to our 30 year investment track record. LLCP has generated consistent and attractive risk-adjusted returns across many economic cycles," commented Lauren Leichtman, CEO of Levine Leichtman Capital Partners.
About Levine Leichtman Capital Partners
Levine Leichtman Capital Partners is a private investment firm with offices in Los Angeles, New York, Dallas, Chicago and London. LLCP manages approximately $7.0 billion of institutional capital for investment in U.S. middle market companies. LLCP invests through private equity partnerships and various debt and leveraged loan funds. LLCP is currently making new investments through Levine Leichtman Capital Partners V, L.P., Levine Leichtman Capital Partners SBIC Fund, L.P., and Levine Leichtman Capital Partners Private Capital Solutions, L.P. Prior investments by Levine Leichtman Capital Partners include Santa Cruz Nutritionals, CiCi's Pizza, Hackney Ladish, Jon Douglas Real Estate Group, and Luminator Technology Group. For further information please see www.llcp.com.
SOURCE Levine Leichtman Capital Partners
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