Bregal Sagemount wraps up fourth fund at $2.5bn

• Bregal Sagemount Fund IV’s limited partners include endowments, pension funds, large family office investors, and key consultant relationships
• Sagemount launched the Fund IV raise earlier this year and was fully allocated over the summer
• Bregal Sagemount has raised more than $5.5 billion in capital

Bregal Sagemount has closed its fourth fund at a hard cap of $2.5 billion.

Bregal Sagemount Fund IV’s limited partners include endowments, pension funds, large family office investors, and key consultant relationships.

“We are extremely grateful and humbled by the continued confidence and support from our existing investors and are excited to welcome a select number of new thought-leading institutional investors to the Sagemount family,” said Gene Yoon, a founder and managing partner of Bregal Sagemount, in a statement. “Despite macro headwinds, this support showcases the confidence our investor group has expressed in Sagemount’s ability to partner with market leading entrepreneurs to generate attractive investments across market cycles.”

Sagemount launched the Fund IV raise earlier this year and was fully allocated over the summer.

Goodwin served as legal advisor to Bregal Sagemount.

Bregal Sagemount has raised more than $5.5 billion in capital. Bregal Sagemount has invested in over 60 companies in a variety of sectors including software, financial technology & specialty finance, digital infrastructure, healthcare IT, and business & consumer services. The firm has offices in New York, Dallas, and Palo Alto.