Feb. 8, 2013
/PRNewswire/ -- Private equity fund manager
Summer Street Capital Partners, LLC
is pleased to announce the final closing of its third fund, with aggregate capital commitments of approximately
. The firm's operationally-focused approach to driving value, and proven direct sourcing model attracted strong support from new and existing limited partners. The fundraise exceeded
target and represents a nearly 50 percent increase from the committed capital of Summer Street's second investment fund.
"We are pleased to announce the final close of Summer Street Capital III, L.P. We appreciate the confidence and support received from our new and returning Limited Partners," remarked
, a Managing Partner and Co-Founder of Summer Street. Mike continued, "We look forward to building lasting relationships with our Limited Partners, while driving growth within our portfolio to provide attractive returns."
About Summer Street Capital Partners LLC
Summer Street Capital Partners LLC, founded in 1999, is a
based private equity fund manager with over
in committed capital focused on investing in middle-market companies. The firm invests alongside talented managers, bringing capital and resources to support acquisitions and aggressive growth strategies.
's investors include leading pension funds, insurance companies, and banking institutions.
's investments support management buy-outs, family transitions, corporate divestitures, growth financings, and recapitalizations. The investment team is complemented by a team of experienced operating partners who are integrally involved in assisting portfolio companies. Visit
for additional information.
SOURCE Summer Street Capital Partners, LLC