Levine Leichtman Capital Partners held a final closing on $2.5 billion of capital commitments for Levine Leichtman Capital Partners Fund VI, L.P., surpassing its targeted fund size of $2.2 billion and achieving its hard cap. Fund VI has received support from institutional investors globally, including leading public and private pension funds, sovereign wealth funds, endowments and foundations, insurance companies, funds-of-funds, wealth management platforms and family offices. Fund VI has already closed four investments, including one add-on acquisition, totaling approximately $552 million of capital invested. Levine Leichtman Capital Partners V, L.P., a 2013 vintage fund, consisted of $1.65 billion of capital commitments and acquired 11 portfolio companies.
“We are very pleased by the support we have received from our longstanding and new limited partners,” said Lauren Leichtman, CEO of Levine Leichtman Capital Partners. She added, “Investors responded very favorably to our differentiated investment strategy and to our 35-year investment track record. LLCP has generated consistent and attractive risk-adjusted returns across many economic cycles.”