PRESS

Prysm Capital, a growth equity firm that invests in the technology, consumer and healthcare sectors, today announced the close of its inaugural fund, Prysm Capital Fund I, L.P., with $305 million in capital commitments. The fund received support from a diverse institutional investor base, spanning public pension funds, corporate pension funds, university endowments, family offices and foundations.

Bluestone Investment Partners, a McLean, Virginia based private equity firm focused on investing in lower-middle market defense and government services businesses, announced the final closing of Bluestone Investment Partners III, LP. Fund III was oversubscribed with $196 million of total capital commitments and closed at its hard cap in less than six months.

Trill Impact has closed EUR 900 million in commitments for its inaugural impact mid-market buyout Fund from prominent institutional investors globally, making it one of the largest first-time-funds raised during the COVID-19 pandemic by an independent private investments firm.

Tenex Capital Management, a private equity firm led by experienced hybrid operator-investors, has announced the final closing of Tenex Capital Partners III, L.P. raising $1.2 billion and reaching its L.P. hard cap.

LBC Credit Partners announced the final closing of LBC Credit Partners V, L.P., and a fund raised contemporaneously adding $808 million of equity commitments to the firm’s capital base. To date, LBC V has funded 28 investments and with LBC’s robust pipeline, the firm continues to evaluate many opportunities for the platform.