- Bregal Sagemount, a leading growth-focused private equity firm, announced it completed the the final closing for Bregal Sagemount Fund III
Bregal Sagemount — a leading growth-focused private equity firm — announced that it has completed the final closing for Bregal Sagemount Fund III at the hard cap of $1.5 billion, exceeding the $1.35 billion target. Fund III is going to continue the investment strategy Bregal Sagemount pursued since launching in 2012 and focusing on providing flexible capital and strategic assistance to companies in high-growth sectors.
The investors in Fund III included endowments, pension funds, insurance companies, and principal advisory firms. And Bregal Sagemount retained Houlihan Lokey Capital as the exclusive placement agent to the Fund and was represented by Goodwin Procter LLP.
“We are grateful for the support and trust from our existing investors and are pleased to welcome a select number of new top-tier institutions to the Sagemount partnership. We believe this group of limited partners is expressing confidence in Sagemount’s differentiated approach to sourcing, disciplined investing strategy and significant value creation at our portfolio companies,” said Gene Yoon, Founder and Managing Partner at Bregal Sagemount.
Bregal Sagemount has 3.5 billion in committed capital. And Bregal Sagemount invests $40 million to $150 million per transaction into both control and non-control positions and will make equity and/or junior debt investments. The sectors that the firm targets include software, digital infrastructure, healthcare IT services, business, and consumer services, and financial technology / specialty finance.
Bregal Sagemount is part of Bregal Investments, a global private equity investment firm with investment teams based in New York, London, Munich, and Dallas, managing commitments on behalf of multiple limited partners. And Bregal Investments is an operating company of COFRA, a privately held group of companies headquartered in Europe — which also includes a global fashion retail business (C&A) and real estate business (Redevco).
