Kohlberg & Company Achieves a Significant Milestone
Kohlberg & Company, L.L.C. proudly announced the final closing of its 10th private equity fund, Kohlberg Investors X, L.P. This fund has an impressive total of $4.3 billion in commitments, marking a significant achievement for Kohlberg in the private equity sector.
A Supportive Network of Investors
The firm expressed sincere gratitude for the exceptional support from its existing limited partner base, which has been crucial throughout this journey. Moreover, Kohlberg is excited to welcome a distinguished and diverse group of new investors, showing ongoing confidence in the firm’s expertise.
Wide Range of Investor Participation
To achieve its funding objectives, over 125 investors joined as limited partners for Fund X. These participants come from a wide array of financial institutions, such as public pension funds, endowments, corporate pensions, and sovereign wealth funds. The global interest indicates Kohlberg's attractiveness across numerous regions, including the United States, Canada, Latin America, Europe, the Middle East, and Asia.
Strong Demand and Strategic Evolution
The excitement around Fund X highlights the robust demand for the investment opportunities presented by Kohlberg. Jessica Hoffman Brennan, Partner and Head of Strategy & Investor Relations, noted the firm’s ability to broaden its reach and strengthen relationships both globally and through new channels. Their consistent performance improvements, including recent liquidity returns to investors, have significantly impacted their marketing efforts.
Dedication to Expertise
Kohlberg is committed to utilizing its specialized investment strategy, which prioritizes unique sectors with substantial growth potential. The firm aims to be the preferred partner for sellers and management teams, emphasizing their focus on facilitating successful business transformations and creating value.
A Skilled Team Behind Fund X
Kohlberg has built a strong team of over 90 investment and portfolio support professionals dedicated to executing Fund X. True to its previous funds, the firm will focus its efforts on investments within its Core Practice Areas: Pharmaceutical & Medical Products & Services, Infrastructure Services, Business Services, Financial & Compliance Services, and Healthcare Services.
Concluding Thoughts and Future Prospects
With Lazard serving as the global placement agent and Ropes & Gray providing legal counsel, the formation of Fund X has been a collaborative effort. Kohlberg & Company is poised to continue its legacy of impactful investments, drawing on its extensive expertise to enhance value in the companies it partners with.
About Kohlberg & Company, L.L.C.
Based in Mount Kisco, New York, Kohlberg is recognized as a top private equity firm focused on the middle market. With around $15 billion in assets under management, the firm has a rich history spanning 37 years, during which it has completed 95 platform investments and over 290 add-on acquisitions, totaling transaction values of more than $46 billion. Kohlberg's strategic approach is characterized by targeted investments developed through a thesis-oriented White Paper program.
Frequently Asked Questions
What is Kohlberg Investors X?
Kohlberg Investors X is the 10th private equity fund launched by Kohlberg & Company, which recently closed with commitments totaling $4.3 billion.
Who are the investors in Fund X?
Fund X includes over 125 limited partners, encompassing public pension funds, financial institutions, and sovereign wealth funds from around the world.
What sectors does Kohlberg target for investments?
Kohlberg invests primarily in Core Practice Areas such as Pharmaceutical & Medical Products, Infrastructure Services, Business Services, and Healthcare Services.
What sets Kohlberg's investment strategy apart?
Kohlberg follows a thesis-driven investment strategy, founded on over 37 years of experience and a firm commitment to creating value.
What is Kohlberg’s total assets under management?
The firm manages an approximate total of $15 billion in assets across its investment portfolio.
