LOS ANGELES, July 18, 2024--Kingswood Capital Management, L.P. ("Kingswood" or the "Firm"), the LA-based private equity firm focused on buyouts of middle-market businesses with operational improvement potential, announced the final closing of Kingswood Capital Opportunities Fund III, L.P. (together ...
LOS ANGELES, July 18, 2024--Kingswood Capital Management, L.P. ("Kingswood" or the "Firm"), the LA-based private equity firm focused on buyouts of middle-market businesses with operational improvement potential, announced the final closing of Kingswood Capital Opportunities Fund III, L.P. (together with its parallel fund, "Fund III"), with total capital commitments of $1.5 billion, including a 5% GP commitment, underscoring the Firm’s confidence in its strategy and providing strong alignment witFund III is more than double the size of Fund II and includes commitments from leading endowments, foundations, health systems, public pension plans, family offices, funds of funds, other institutions, and high-net worth individuals. Nearly all existing investors re-upped, and Kingswood welcomed many prominent new investors into Fund III that broadens the Firm’s limited partner base in the United States, Europe, Asia, and for the first time, the Middle East.Kingswood Partners Michael Niegsch and Jim Renna commented, "We are thrilled to continue the partnership with our existing investors, and we welcome our new partners as we continue to execute on our investment strategy.Kingswood Capital Management, L.P. partners with leading companies in the middle market which stand to benefit from its capital and extensive operating resources. Kingswood embraces complexity and believes it is well-positioned to support businesses at inflection points in their development to enhance value.