Insight

CenterGate Capital gathers over $375m for sophomore fund

Fund II's limited partners include pension funds, endowments, foundations, family offices, asset management firms, and financial institutions.

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  • Based in Austin, CenterGate targets the lower middle market
  • Currently, the private equity firm is managing over $740 million

CenterGate Capital has closed its second fund at over $375 million.

Fund II’s limited partners include pension funds, endowments, foundations, family offices, asset management firms, and financial institutions.

“We believe Fund II drew strong interest from investors as a result of our consistent investing approach, the quality of the CenterGate team, and our success in creating value,” said Tiffany Kosch, a managing partner of CenterGate in a statement. “With Fund II, we will continue our focus on control investments that transform lower middle market companies in North America.”

Based in Austin, CenterGate targets the lower middle market. Currently, the private equity firm is managing over $740 million.