Vance Street Capital raises $775m for fourth fund

Fund IV will invest in B2B manufacturing businesses across the medical, life science, industrial technology and aerospace & defense sectors.

  • Kirkland & Ellis LLP served as legal advisor and M2O Private Fund Advisors was the placement agent
  • Based in Los Angeles, Vance Street invests in the lower middle market

Vance Street Capital has closed its fourth fund at a hard cap of $775 million, beating its $550 million target.

Fund IV will invest in B2B manufacturing businesses axross the medical, life science, industrial technology and aerospace & defense sectors.

“We sincerely appreciate the strong show of support from both our existing and new limited partners to enable us to achieve the speed and success of our Fund IV fundraise,” said Brian Martin, managing partner at Vance Street in a statement. “Our sector focus, expertise in manufacturing and engineering, deep bench of operational professionals and commitment to the lower middle market resonated with investors. We are proud of the team we have built at Vance Street and our track record creating highly sought after strategic assets.”

Kirkland & Ellis LLP served as legal advisor and M2O Private Fund Advisors was the placement agent.

Based in Los Angeles, Vance Street invests in the lower middle market.