Taurus Private Markets closed its third fund, Taurus Private Markets Fund III, LP, with over $300 million in capital commitments, exceeding its initial $225 million target.
The oversubscribed fund attracted commitments from public pension plans, Taft-Hartley plans and family offices.
The Pennsylvania-based firm invests in value-oriented, lower middle-market leveraged buyout and private credit partnerships with target fund sizes below $1.25 billion.
The firm also invests in blue-chip venture capital partnerships targeting funds below $750 million.
Its fund-of- funds strategy is complemented by co-investments in privately held companies and secondary transactions.
Co-founder and Managing General Partner Kevin Campbell highlighted the strong reception from institutional investors despite a challenging fundraising environment.
– Co-founder and Managing General Partner Eric Wilcomes said the firm would maintain its disciplined investment strategy and established portfolio construction approach.
