Insight

TorQuest racks up $2.1bn for sixth fund

Fund VI's limited partners include including public and private pension plans, endowments, sovereign wealth funds, financial institutions, insurance companies and family offices.

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  • The fund will invest in the middle market
  • Torys LLP acted as fund counsel for Fund VI
  • Founded in 2002, TorQuest Partners has more than $5 billion of equity capital under management

TorQuest Partners, a Toronto-based private equity firm, has closed its sixth fund at a hard cap of $2.1 billion.

Fund VI’s limited partners include including public and private pension plans, endowments, sovereign wealth funds, financial institutions, insurance companies and family offices.

The fund will invest in the middle market.

“All of us at TorQuest are beyond appreciative of the continued support and confidence our limited partners have shown in us, particularly in this challenging fundraising environment,” said Eric Berke, TorQuest managing partner in a statement. “We do not take lightly their trust in us to be responsible stewards of their capital and look forward to continuing to execute on our core mid-market strategy that has afforded us success over the past 20+ years.”

Torys LLP acted as fund counsel for Fund VI.

Founded in 2002, TorQuest Partners has more than $5 billion of equity capital under management.