Insight

CIVC Partners raises $870m for seventh fund

CIVC Partners Fund VII's LPs include insurance companies, fund of funds, pension programs, foundations and endowments, and family offices located across North America and Europe.

-
  • Fund VII’s predecessor fund, CIVC Partners Fund VI, closed in November 2020 at $560 million
  • M2O Private Fund Advisors served as placement agent, while Kirkland & Ellis LLP was legal counsel
  • Based in Chicago, CIVC Partners invests in middle market companies in the business services sector

CIVC Partners has closed its seventh fund at $870 million, beating its $700 million target.

CIVC Partners Fund VII’s limited partners include insurance companies, fund of funds, pension programs, foundations and endowments, and family offices located across North America and Europe.

Fund VII’s predecessor fund, CIVC Partners Fund VI, closed in November 2020 at $560 million.

On the fundraising, CIVC Partner John Compall said in a statement, “Being able to complete the fundraise in 120 days in this market demonstrates a strong endorsement of our team, sourcing strategy, value creation approach, and performance. We are grateful to our existing investors for their strong support and appreciate our new investors who value our strategy and process for creating strong returns.”

M2O Private Fund Advisors served as placement agent while Kirkland & Ellis LLP served as legal counsel.

Based in Chicago, CIVC Partners invests in middle-market companies in the business services sector.