Lindsay Goldberg Closes Fund III

Lindsay Goldberg, a middle market PE firm, has closed its third fund on a total of $4.7 billion, well into its target range of between $4 billion and $5 billion. Park Hill Group served as placement agent for the fund with Credit Suisse's Private Fund Group helping with fundraising for some parallel funds. Lindsay Goldberg's previous fund closed in 2006 with $3.1 billion and has been used it to invest in companies such as RECON and Steeplejack Industrial Group.