Insight

Pfingsten wraps up sixth fund at $435m

Pfingsten Fund VI's limited partners include family offices, endowments, foundations, consultants, asset managers, insurance companies and high-net-worth individuals.

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  • Pfingsten invests in lower middle market manufacturing, distribution and business services companies
  • Shannon Advisors LLC was the placement agent
  • Based in Chicago, Pfingsten has raised six funds with total commitments of approximately $1.8 billion

Pfingsten has closed its sixth fund at $435 million, beating its $350 million target.

Pfingsten Fund VI’s limited partners include family offices, endowments, foundations, consultants, asset managers, insurance companies and high-net-worth individuals.

Pfingsten invests in lower middle market manufacturing, distribution and business services companies.

“The successful fundraise reflects our consistent, disciplined, operationally focused approach to building value in lower middle market companies,” said Senior Managing Director, Scott Finegan. “For nearly 35 years Pfingsten has been laser focused on our goal of delivering exceptional results for our investment partners and other stakeholders.”

Kirkland & Ellis LLP served as legal counsel while Shannon Advisors LLC was the placement agent.

Based in Chicago, Pfingsten has raised six funds with total commitments of approximately $1.8 billion.