Kohlberg & Company Achieves Milestone Closing for Fund X
Major Milestone for Kohlberg & Company
Kohlberg & Company, L.L.C. has recently triumphantly announced the final closing of its 10th private equity fund, named Kohlberg Investors X, L.P. With an impressive total of $4.3 billion in commitments, this significant achievement highlights Kohlberg's solid position in the private equity landscape.
Supportive Investor Base
The firm expressed gratitude for the remarkable support from its existing limited partner base, which has played an integral role in this journey. Additionally, Kohlberg is pleased to welcome a prestigious and broad group of new investors into its community, demonstrating the continued confidence in the firm’s expertise.
Diverse Investor Participation
In reaching its funding goals, over 125 investors participated as limited partners in Fund X. These investors represent a broad spectrum of financial institutions, including public pension funds, endowments, corporate pensions, and sovereign wealth funds. The global participation underscores Kohlberg's appeal across regions including the United States, Canada, Latin America, Europe, the Middle East, and Asia.
Strong Demand and Strategic Development
The enthusiasm surrounding Fund X reflects the strong demand for investment opportunities offered by Kohlberg. Jessica Hoffman Brennan, Partner and Head of Strategy & Investor Relations, commented on the firm's ability to diversify its reach and enhance relationships both globally and through new channels. The firm’s consistent acceleration in performance, including the liquidity returned to investors in recent years, has resonated throughout its marketing campaign.
Commitment to Expertise
Kohlberg intends to leverage its specialized investment strategy, focusing on unique sectors where substantial growth is anticipated. The firm is committed to being the partner of choice for sellers and management teams, showcasing their dedication to successful business transformations and value creation.
Experienced Team Behind Fund X
Kohlberg has assembled a robust team of over 90 investment and portfolio support professionals tasked with implementing Fund X. Consistent with its previous funds, the firm will concentrate on investments within its Core Practice Areas, which include Pharmaceutical & Medical Products & Services, Infrastructure Services, Business Services, Financial & Compliance Services, and Healthcare Services.
Conclusion and Future Outlook
With Lazard acting as the global placement agent and Ropes & Gray providing legal counsel, the formation of Fund X has been a collaborative success. Kohlberg & Company stands poised to continue its legacy of impactful investments, leveraging its vast expertise to drive value in the companies it partners with.
About Kohlberg & Company, L.L.C.
Kohlberg is recognized as a leading private equity firm focused on the middle market, based in Mount Kisco, New York. With approximately $15 billion in assets under management, the firm boasts a robust history of 37 years, having completed 95 platform investments and over 290 add-on acquisitions with total transaction values surpassing $46 billion. Kohlberg's strategic approach emphasizes targeted investments driven by their thesis-oriented White Paper program.
Frequently Asked Questions
What is Kohlberg Investors X?
Kohlberg Investors X is Kohlberg & Company's 10th private equity fund, recently closed with $4.3 billion in commitments.
Who are the investors in Fund X?
The fund attracted more than 125 limited partners, including public pension funds, financial institutions, and sovereign wealth funds from around the world.
What sectors does Kohlberg focus on for investments?
Kohlberg primarily invests in Core Practice Areas like Pharmaceutical & Medical Products, Infrastructure Services, Business Services, and Healthcare Services.
What distinguishes Kohlberg's approach to investing?
Kohlberg employs a thesis-driven investment strategy that is backed by over 37 years of experience and a commitment to value creation.
What is Kohlberg’s total assets under management?
The firm manages approximately $15 billion in assets across its investment portfolio.
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