Saothair Capital Partners Secures $300 Million for Fund II

Saothair Capital Partners Secures $300 Million for Fund II
Saothair Capital Partners, LLC, a private equity firm that focuses on middle-market manufacturing and industrial companies, has announced the successful closing of its second fund, Saothair Fund II, L.P. The fund has secured an impressive $300 million in capital commitments from investors, significantly larger than its predecessor fund. This closing marks a remarkable achievement for Saothair, reflecting a robust demand from investors.
Investor Participation and Support
The firm garnered commitments from a distinguished array of institutional investors, including well-known college and university endowments, family offices, and Chief Investment Officers from outsourcing firms. This support underscores the confidence that the investing community has in Saothair's unique investment approach.
Investment Strategy and Focus
Saothair Fund II is set to continue the firm's disciplined approach, targeting control investments in manufacturing sectors experiencing transitional challenges. The fund will specifically look at opportunities including corporate carve-outs, bankruptcies, out-of-court restructuring scenarios, and innovative turnarounds. The aim is to provide tailored solutions in environments that require strategic maneuvering.
Leadership Insights
Kevin Madden, Co-Founder and Managing Partner, expressed his enthusiasm stating, "Fund II is a key milestone in our journey to become the partner of choice for manufacturing businesses confronting specific challenges. We extend our heartfelt gratitude to our investors, both new and returning, who value our distinctive approach to investment."
Richard Lozyniak, Co-Founder and Operating Partner, echoed excitement regarding their future endeavors, mentioning, "Our partnership with management teams to unlock potential is invaluable. We aim to create long-term value through a culture of continuous improvement. Our investment strategy is hands-on and execution-oriented."
Collaboration with Key Partners
During the fundraising process, Saothair partnered with Pacenote Capital LLC as the exclusive placement agent, ensuring a streamlined approach to garnering investor support. Additionally, McGuireWoods LLP provided essential legal counsel throughout the fundraising period, while IQ-EQ took on the role of fund administrator, fostering a smooth operational environment for Saothair Fund II.
About Saothair Capital Partners
Saothair Capital Partners specializes in private investments in the middle-market manufacturing and industrial sectors, primarily focusing on companies enduring financial or operational difficulties. The firm concentrates on making controlling equity investments across various industries such as paper and packaging, plastics, metal processing, automotive, building products, and healthcare-related sectors. Their commitment is to work closely with stakeholders, enhancing long-term success for the businesses they invest in.
Frequently Asked Questions
What is the focus of Saothair Capital Partners?
Saothair Capital Partners focuses on investing in middle-market manufacturing and industrial companies facing financial or operational challenges.
How much capital did Saothair Fund II raise?
Saothair Fund II successfully raised $300 million, doubling the size of its inaugural fund.
Who are the typical investors in Saothair Fund II?
The fund attracted investments from college endowments, single and multi-family offices, as well as outsourced CIOs.
What industries does Saothair invest in?
Saothair invests in diverse industries including paper and packaging, automotive, healthcare, and niche manufacturing, among others.
What is the investment approach of Saothair Capital Partners?
Saothair follows a hands-on, execution-oriented investment strategy focused on long-term value creation through continuous improvement.
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