Insight

Red Arts Capital closes new fund at $270m

The fund's limited partners include Prudential Financial Inc, the University of Chicago and Neuberger Berman.

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  • Red Arts invests in middle-market supply chain companies
  • Acalyx Advisors was fundraising advisor while Greenberg Traurig, LLP served as legal counsel
  • Red Arts was founded in 2015 by Nick Antoine and Chad Strader

Red Arts Capital has raised $270 million for its new fund, beating its $225 million target.

The fund’s limited partners include Prudential Financial Inc, the University of Chicago and Neuberger Berman.

Red Arts invests in middle-market supply chain companies.

“We continue to see significant opportunity in the fragmented sector in which we invest and are grateful for the confidence our investors continue to place in our partnership,” said co-founder and Managing Partner Nicholas Antoine, in a statement.

Acalyx Advisors was fundraising advisor while Greenberg Traurig, LLP served as legal counsel.

Based in Chicago, Red Arts was founded in 2015 by Nick Antoine and Chad Strader.