Levine Leichtman Capital Partners (LLCP) has held the final closing of its small business investment company fund after raising $225 million.
March 15, 2011
Levine Leichtman Capital Partners (LLCP) has held the final closing of its small business investment company fund after raising $225 million. The Levine Leichtman Capital Partners SBIC Fund has made over 45 structured equity investments of about $1.5 billion of capital in U.S. middle market companies.
LLCP will continue its structured equity investment strategy through the portfolio by investing in companies that are owned and managed by entrepreneurs. The new fund will invest in U.S. operations with revenues of up to $50 million primarily in the consumer products, light manufacturing and services sectors.