Insight

Sverica Capital wraps up sixth PE fund at $750m

Sverica focuses on the technology, business services, healthcare and advanced industrial sectors.

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  • Fund VI will target businesses with enterprise values of up to $250 million
  • Based in Boston and San Francisco, Sverica has raised nearly $2 billion across six funds
  • Sverica invests in the lower middle market

Sverica Capital Management has closed its sixth private equity fund at a hard cap of $750 million.

Sverica focuses on the technology, business services, healthcare and advanced industrial sectors.

Fund VI will target businesses with enterprise values of up to $250 million.

On the fundraising, Frank Young, managing partner, said in a statement, “The success of this fundraise, despite a very challenging environment for raising capital, is a testament to our outstanding team. We are fortunate to work with many talented, high character individuals, and are grateful for their passion, dedication and hard work.”

Based in Boston and San Francisco, Sverica has raised nearly $2 billion across six funds. Sverica invests in the lower middle market.