Insight

Compass Group Equity Partners wraps up third fund at $408m

Compass Group Fund III's limited partners include insurance companies, endowments, registered investment advisors, and foundations.

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  • McGuireWoods served as legal counsel for the fund and Aqueduct Capital Group was the placement agent
  • Based in St. Louis, Compass Group invests in lower middle-market companies

Compass Group Equity Partners has closed its third fund at a hard cap of $408 million.

Compass Group Fund III’s limited partners include insurance companies, endowments, registered investment advisors, and foundations.

“We are very proud of the firm we’ve built over the last decade. Hard work and dedication from the team has helped us deliver on our strategy of thematic research, proprietary deal sourcing, partnering in value creation, and ultimately successful outcomes,” said Compass Group Managing Partner John Huhn in a statement. “The support from our limited partners validates our investment strategy, our people, and the strength of our portfolio. We are appreciative of both new and existing investor support that enables us to continue our mission to grow great companies.”

McGuireWoods served as legal counsel for the fund and Aqueduct Capital Group provided placement agent services.

Based in St. Louis, Compass Group invests in lower middle-market companies.