Peterson Partners Raises $510 Million with NorthSands Capital for Kelso Industries Continuation Vehicle
– Peterson Partners closed a $510 million capital raise for Peterson Kelso Coinvest, LP, a single-asset continuation vehicle for Kelso Industries, a Fund VIII and Fund X portfolio company. – NorthSands Capital served as sole lead investor, committing more than $450 million to the transaction. – Peterson Partners Fund X rolled its existing