PR Newswire: news distribution, targeting and monitoring
Regulatory News Search
Search
  

Paul Capital Partners Announces Top Tier Fund of Funds Final Close at US$620 Million

SAN FRANCISCO, September 19 /PRNewswire/ -- Paul Capital Partners is pleased to announce the final closing of its third Top Tier venture capital fund-of-funds, Paul Capital Top Tier Investments III, L.P. ("Top Tier III" or the "Fund"). Top Tier III closed today with US$620 million in commitments from a diverse group of institutional investors. The fundraising exceeded the initial target of US$500 million.

Top Tier III will make both primary and secondary investments in venture capital funds sponsored by top quartile performing managers and select emerging managers with the potential to perform in the top quartile. Paul Capital will continue its strategy of emphasizing investments in venture capital funds focused on growth industries such as healthcare and technology as well as investments in venture capital groups that have a more sector specific strategy.

About Paul Capital Partners:

Founded in 1991, Paul Capital Partners manages more than US$4.5 billion across three distinct investment platforms: Private Equity Secondaries, Top Tier Venture Capital Fund-of-Funds, and Healthcare Royalty and Revenue Interests. The Top Tier Funds manage over US$1.3 billion in committed capital. The Paul Secondary Funds manage over US$2 billion in committed capital, and the Paul Royalty Funds manage approximately US$1 billion in committed capital dedicated to the healthcare market.

For more information, please visit http://www.paulcap.com, or contact Mr. Leo P. Chenette, Vice President of Investor Relations at +1-646-264-1147 or at lchenette@paulcap.com.

Web site: http://www.paulcap.com

SOURCE Paul Capital Partners



Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos and customised feeds just for media.

View and download archived video content distributed by MultiVu on The Digital Center.

Contact us now to find out how we can help you
 

Get content for your website

Enhance your website's or blog's content with PR Newswire's customised real-time news feeds.
Start today.

 

 
 

Contact PR Newswire

Send us an email at MarketingUK@prnewswire.co.uk or call us at +44 (0)20 7454 5382

 

 
 

Become a PR Newswire client

Request more information about PR Newswire products & services or call us at +44 (0)20 7454 5382

 

 
  1. Products & Services
  2. Knowledge Centre
  3. Browse News Releases
  4. Meet the Media
  5. Contact PR Newswire