We are pleased to share that our client, Mill Point Capital has closed its latest fund; Mill Point Capital Partners III, L.P. (“Fund III”), oversubscribed at USD 1.7 billion.
Receiving broad support from a diverse group of global investors, Fund III was fully allocated at the hard cap in less than one month from its initial launch. The successful close of Fund III will allow Mill Point to continue its value-oriented investment strategy focused on lower middle-market businesses in North America.
About Mill Point Capital
Mill Point Capital LLC is a private equity firm focused on control investments in lower-middle market companies across the Business Services, Industrials, and IT Services sectors throughout North America. Mill Point’s experienced team of investors, Executive Partners and Functional Experts seek portfolio company value enhancement through rigorous implementation of transformative strategic initiatives and operational improvements.
About Asante
Asante Capital Group is a leading independent private equity placement and advisory group. Founded in 2010, the firm has offices in London, New York City, Hong Kong, Munich, and Los Angeles. The team of over 70 professionals has advised on over $100 billion of successful private capital raisings across the globe, raising capital from North American, European, Middle East and Asia-Pacific-based investors. Asante specializes in GP advisory and fundraising support across primary, direct and secondary investments.
