San Francisco private equity firm Swander Pace has closed a $350 million fund.
The fund, called SPC Partners V LP, will invest in consumer products companies. Investors included endowments and family offices. The close, which occurred in December, was announced April 29.
SPC Partners V will focus on manufacturers and marketers of consumer products with revenues up to $400 million.
The firm recently made a deal with Prestige Brands Holdings (NYSE: PBH) to exit Insight Pharmaceuticals, the maker of home pregnancy test EPT, for $750 million.
Before that, in March, the company announced a deal to sell Pineridge Bakery to Aryzta AG for $340 million.