Godspeed Capital Management LP, a lower middle-market defense and government services and technology-focused private equity firm, has closed its Godspeed Capital Investment Program II with $250 million in capital commitments.

The fund was raised in less than six months, exceeding its $185 million initial target, and received commitments from a range of U.S.-based institutional investors including existing strategic partner East Rock Capital LLC, a U.S. public pension fund, family offices and financial institutions representing endowment and foundation clients.

“We are thrilled with our initial investments and look forward to continuing to execute our strategy on behalf of our investors and partners and to growing our portfolio of leading companies,” states Douglas T. Lake Jr., founder and managing partner of Godspeed Capital.

Lazard Frères & Co. LLC served as placement agent, and Davis Polk & Wardwell LLP served as legal counsel in the formation of Godspeed Capital Investment Program II.