– Aurora Capital Partners, a Los Angeles-based private equity firm, closed over $2.1 billion for Aurora Equity Partners VII (AEP VII). – AEP VII exceeded its initial target with support from new and existing limited partners. – Investor base includes public and corporate pensions, insurance companies, family offices, asset managers, and industry consultants. – Fund strategy: invest in US middle-market companies within business services, industrial services, and tech-enabled services. – Aurora has used the same investment strategy for 20+ years, focusing on market-leading businesses with rapid growth and transformation potential. – Strategy & Operations Program is leveraged to scale portfolio companies and improve performance. – AEP VII is Aurora’s largest fund since its founding in 1991. – Predecessor fund, AEP VI, closed in 2021 with $1.65 billion in commitments. – Partner Josh Klinefelter: successful close shows investor confidence and ability to drive scale and transformation. – Partner Mark Rosenbaum: sees strong opportunities to build market-leading companies across target sectors. – Fund VII momentum: August 2024 investment in GenServe, largest independent provider of commercial and industrial standby power generators in the US. – Recent exits include sale of FMG to GTCR and recapitalization of PSC Group with TJC (The Jordan Company).
Cottonwood Group Closes $1.0 Billion Real Estate Special Situations Strategy, Surpassing Fundraising Goal
– AEP VII exceeded its initial target with support from new and existing limited partners.
– Investor base includes public and corporate pensions, insurance companies, family offices, asset managers, and industry consultants.
– Fund strategy: invest in US middle-market companies within business services, industrial services, and tech-enabled services.
– Aurora has used the same investment strategy for 20+ years, focusing on market-leading businesses with rapid growth and transformation potential.
– Strategy & Operations Program is leveraged to scale portfolio companies and improve performance.
– AEP VII is Aurora’s largest fund since its founding in 1991.
– Predecessor fund, AEP VI, closed in 2021 with $1.65 billion in commitments.
– Partner Josh Klinefelter: successful close shows investor confidence and ability to drive scale and transformation.
– Partner Mark Rosenbaum: sees strong opportunities to build market-leading companies across target sectors.
– Fund VII momentum: August 2024 investment in GenServe, largest independent provider of commercial and industrial standby power generators in the US.
– Recent exits include sale of FMG to GTCR and recapitalization of PSC Group with TJC (The Jordan Company).