Castle Harlan Suspends Fundraising, Will Wind Down
July 15, 2015
Castle Harlan, a New York-based private equity firm founded in 1987, is said to be winding down its operations and will manage out its fourth and fifth funds. The firm's ongoing fundraising efforts have reportedly been canceled. Castle Harlan Partners V had closed on $800 million in 2010 and was generating a top-quartile 30.03% IRR as of March 31.