Peak Rock Capital, a private investment firm known for its hands-on approach to middle-market investing, has announced the final close of two major funds: Peak Rock Capital Fund IV and Peak Rock Capital Credit Fund III. Together, these vehicles have raised more than $3 billion, marking a significant milestone in the firm’s continued expansion and underscoring the strong demand from institutional investors for Peak Rock’s investment strategy.
Fund IV, the firm’s latest private equity fund, closed at its hard cap of $2.5 billion, exceeding its original $2 billion target. Credit Fund III, which includes both credit and hybrid equity vehicles, brought in an additional $500 million. The successful fundraising effort reflects the confidence investors have in Peak Rock’s ability to identify and grow businesses in the middle market—a segment that continues to offer compelling opportunities for value creation.
This achievement builds on the momentum of Peak Rock’s previous fund, which closed in 2021 with $2 billion in commitments. Since its inception, the firm has focused on partnering with management teams to drive operational improvements and strategic growth. With the launch of Fund IV and Credit Fund III, Peak Rock is doubling down on its core approach, targeting family-owned and founder-led businesses, as well as corporate carve-outs, across sectors such as technology, industrials, consumer products, and healthcare.
What sets Peak Rock apart is its ability to move quickly and decisively in complex situations. The firm’s investment philosophy centers on collaboration with management, operational transformation, and the creation of long-term value. This approach has resonated with a diverse range of investors, including public and private pension funds, sovereign wealth funds, hospital systems, endowments, insurance companies, family offices, and global consulting firms. The diversity and sophistication of the investor base reflect the broad appeal of Peak Rock’s strategy and the strength of its track record.
The firm’s ability to raise capital in a competitive environment speaks to its reputation for delivering results. In recent years, Peak Rock has built a portfolio of companies that have achieved meaningful growth and operational improvement. With the new funds, the firm is well-positioned to continue identifying opportunities where its expertise can unlock potential and drive performance.
Advisors/counsel: Kevin Wessel and Jeff Kaplan from Kirkland & Ellis LLP served as legal counsel in the formation of the Fund.
KEY QUOTES:
“We appreciate the overwhelming support from our existing limited partners, and we are proud to add an outstanding group of new limited partners to the Funds. The closings of Fund IV and Credit Fund III are another endorsement of our team’s ability to meaningfully grow and fundamentally improve businesses. We look forward to creating further success for our companies, the communities in which they operate, and our limited partners.”
Anthony DiSimone, Chief Executive Officer of Peak Rock
“We would like to thank each of our limited partners for the confidence they have placed in our team and our investment approach. For over a decade, we have set out to achieve extraordinary and repeatable investment outcomes, and this successful fundraise is a testament to both the team’s prior achievements and those to come.”
Yoni Riemer, Managing Director of Investor Relations
“We thank our colleagues in the investment banking, financial advisory, and lending communities for their tremendous support. We look forward to expanding these relationships as we grow our firm and convert on opportunities within our active pipeline.”
Steve Martinez, President of Peak Rock
