Arsenal Capital Plans Third Offering

Arsenal Capital is seeking to market its third fund later this year.

Arsenal Capital is seeking to market its third fund later this year, Reuters reports. The U.S. private equity firm’s latest offering is expected to be bigger than its most recent $500 million fund. The New York-based firm will begin marketing the new fund in summer or fall. Arsenal Capital, which focuses on deals in the specialty industrial, healthcare and financial services industries, was found by Thomas H Lee vets, Jeffrey Kovach and Terrence Mullen.

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