Abry Partners Closes Fund IV –

Boston-based Abry Partners Inc. last month held a final close on Abry Partners Fund IV LP, which was targeted at $750 million.

Partners at Abry Partners could not be reached for comment at press time.

The firm reportedly plans to use the fund to invest in 12 to 15 media and communications companies such as broadcast and cable television, radio, print publications, outdoor signs and coupon publishing. Abry acquired Cygnus Business Media, a publisher of trade journals and other business publications, last year for $275 million.

Houston, TX-based K2 Capital LP and Pantheon Ventures committed to Abry Partners Fund IV through their respective funds-of-funds.