GHK Capital Partners LP Raises $870 Million for Fund II

GHK Capital Partners LP is a private equity firm focused on buyouts of middle-market businesses in the industrials sector.

– GHK Capital announced the final closing of GHK Fund II LP with total capital commitments of $870 million.

– Fund II was oversubscribed, surpassing its $650 million target and exceeding the original hard cap of $800 million.

– Fund II is more than double the size of GHK Fund I.

– Investors in Fund II include insurance companies, financial institutions, fund of funds, public and corporate pension funds, and family offices.

– Nearly all GHK Fund I investors committed to Fund II, increasing their average commitment by over 35%.

– Fund II attracted over a dozen new prominent investors, expanding its limited partner base in the U.S., Europe, and Asia.

– GHK’s Founder and Managing Partner, Gil Klemann, expressed gratitude for strong investor support, with existing investors driving demand.

– GHK’s investment strategy emphasizes active ownership, industry experience, and long-term organic growth to build industry leaders with sustainable financial performance.

– Fund II made its first acquisition in August 2024: Horizon Global, a provider of international freight forwarding for marine spare parts logistics.

– Lazard acted as the exclusive placement agent for Fund II, with legal advice provided by Davis Polk & Wardwell LLP.