In a significant milestone, PPM America Capital Partners has successfully concluded its eighth co-investment fund, amassing an impressive $660 million in commitments. This accomplishment marks a historic high for the firm, solidifying its position as a formidable player in the investment landscape.
PPM Closes $660M Co-Investment Fund : Breaking Records
The recently sealed fund, named PPM America Private Equity Fund VIII LP, emerges as a standout within the firm’s portfolio, surpassing its 2018 predecessor in fundraising prowess. This 2021 vintage fund underscores PPM America Capital Partners’ unwavering commitment to excellence and innovation in the private equity arena.
Unprecedented Growth
Hailing from the vibrant ecosystem of Chicago, PPM America Capital Partners, the private equity arm of PPM America Inc., traces its roots back to 1991 when its private equity strategy took root. Since its inception, the firm has been on a meteoric rise, launching its inaugural co-investment fund in 2000 and steadily expanding its footprint in the market.
PPM Closes $660M Co-Investment Fund : A Legacy of Success
With a storied history spanning 28 years, PPM America Capital Partners has cultivated invaluable expertise, fostered key relationships, and demonstrated unparalleled agility in navigating complex market dynamics. Managing Partner and Head of Private Equity, Champ Raju, lauds the firm’s remarkable track record, emphasizing its consistent ability to enhance fund sizes with each successive endeavor.
Strategic Vision
The eighth fund is poised to diversify its investment portfolio by engaging in a broad spectrum of co-investments alongside premier buyout and growth equity sponsors. Anticipating approximately 50 strategic investments, each ranging between $10 million to $25 million, the fund aims to capitalize on lucrative opportunities across North America while meticulously balancing risk and reward.
Navigating Uncertain Terrain
In a landscape characterized by volatility and uncertainty, PPM America Capital Partners remains steadfast in its commitment to delivering value for its esteemed limited partners. By leveraging its expertise in manager and asset selection, the firm stands poised to thrive amidst challenging market conditions, buoyed by the unwavering confidence of its investors.
PPM Closes $660M Co-Investment Fund : Looking Ahead
As of September 30, PPM America Capital Partners’ private equity program boasts a staggering $5.76 billion in assets under management, with total capital commitments nearing the $11 billion mark. With an eye toward the future, the firm remains dedicated to pushing the boundaries of success and charting new horizons in the ever-evolving realm of private equity.
