– Enlightenment Capital, an investment firm focused on Aerospace, Defense, Government & Technology (ADG&T), successfully closed its latest fund, Enlightenment Capital Solutions Fund V, L.P. (“Fund V”).
– The fund was significantly oversubscribed, closing at its increased hard cap of $825 million, exceeding its original hard cap of $750 million and target of $600 million.
– Fund V’s total capital commitments represent a more than 50% increase over the capital raised for Fund IV.
– Fund V received strong support from both returning and new investors, including: Pension funds, Asset managers, Fund of funds, Endowments, Foundations, Health systems, Family offices, and Insurance companies.
– The fund will continue Enlightenment Capital’s strategy of making control and strategic, non-control investments in the ADG&T sector.
– Aimed at helping middle-market companies grow into middleweight standouts.
– Enlightenment Capital currently manages $2.3 billion in assets.
– Its portfolio companies collectively generate $1.9 billion in revenue and employ over 7,000 mission-driven employees.
– Known for providing flexible, strategic, and solution-oriented capital to accelerate growth and generate strong returns.
– Devin Talbott, Founder and Managing Partner: “The successful closing of our fifth fund is a testament to our team and portfolio partners, who share a commitment to investing in dynamic businesses innovating in support of complex customer and mission requirements.”
– Hogan Lovells served as Enlightenment Capital’s legal counsel for Fund V.
