Blue Wolf Capital Partners LLC has closed a $300 million fund.
The fund, called Blue Wolf Capital Fund III LP, received investments from foundations, endowments, fund of funds and public, corporate and Taft-Hartley pension funds in the U.S. and Europe.
The private equity firm will continue to buy controlling stakes in U.S. and Canadian middle market companies through the fund. The fund has already invested in Twin Rivers Paper Co. Inc. and Suwannee Lumber Co. LLC.
The New York private equity firm now manages more than $460 million in capital.
Stanwich Advisors LLC served as the placement agent and financial adviser for the fund, Proskauer Rose LLP acted as legal counsel.