River Associates Investments Closes Sixth Fund on $222M
May 17, 2012- Share:
River Associates Investments has closed its River VI fund with $222 million of committed capital, surpassing its $200 million initial target and the $110 million raised by its predecessor, River V. Proskauer Rose served as legal counsel for River VI, while LB Group served as placement agent for certain limited partner interests. RAI's latest fund will continue the firm's strategy of control buyouts of lower middle-market companies. By the time of the fund's final closing, RAI had already invested almost $50 million of the fund.
- Share:
-
-
-
-