Clearview Capital, a private investment firm headquartered in Stamford, Conn., has closed its Clearview Capital Fund V at its hard cap of $850 million.
Fund V received support from existing investors as well as several new blue chip institutional limited partners. The fund also received support from approximately two dozen current and former managers and sellers of Clearview Capital’s portfolio investments. Clearview Capital looks to invest $25 million to $100 million per transaction in companies in the business services, consumer, healthcare services, manufacturing and specialized distribution sectors that have $4 million to $20 million of Ebitda.
“In advance of the closing of this fund, we have made substantial investments in people and processes to continue to build our capabilities,” comments Matthew Blevins, managing partner of Clearview Capital. “With the completion of this fundraising, we are well positioned to execute our long-term strategy of partnering with dynamic management teams pursuing profitable growth in the lower middle market.”
Lazard Frères & Co. LLC advised the fund and Kirkland & Ellis LLP provided legal counsel.