Insight

Enlightenment Capital wraps up fourth fund at $540m

The fund's LPs include university endowments and foundations, pensions, insurance companies, and family offices.

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  • Metric Point Capital was the placement agent for the fund
  • Hogan Lovells served as legal counsel
  • Based in the Washington, D.C. area, Enlightenment Capital backs middle-market companies in the aerospace, defense, government & technology sector

Enlightenment Capital has closed its fourth fund at $540 million, beating its original $350 million target.

Enlightenment Capital Solutions Fund IV’s limited partners include university endowments and foundations, pensions, insurance companies, and family offices.

“We appreciate the continued confidence and support of our returning investors and the new partnership with Fund IV’s newest investors,” said Devin Talbott, founder and managing partner of Enlightenment Capital, said in a statement. “Enlightenment Capital has grown considerably in the decade since its founding, but our focus remains the same—building rewarding partnerships, from our management teams to our investors.”

Metric Point Capital was the placement agent for the fund while Hogan Lovells served as legal counsel.

Enlightenment Capital is a Washington, DC area-based private investment firm, provides financing to middle-market companies in the aerospace, defense, government & technology sector.