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Alternative Assets  + Private Equity  | 
Wynnchurch Closes $3.5B Mid-Market Buyout Fund

Wynnchurch Closes $3.5B Mid-Market Buyout Fund

Wynnchurch Capital, L.P., a middle market private equity firm, announced the close of its sixth private equity fund, Wynnchurch Capital Partners VI, L.P at $3.5 billion.

The fund, which had a target of $3 billion, was significantly oversubscribed and closed in under five months after its initial launch. It targets “complex transactions” with investments between $100 million and $3 billion.

Investors include City and County of San Francisco Employees’ Retirement System ($70 million); Texas County & District Retirement System ($70 million); and Employees Retirement System of Rhode Island ($31 million).

“This fundraise is a testament to what our team has accomplished as a firm, and we will continue to invest with the same value-oriented/operationally focused strategy we have developed and refined over the last 25 years,” said Chris O’Brien, managing partner at Wynnchurch

The firm is building a strong fundraising track record, having raised $1.27 billion for Fund IV just five years ago.

Headquartered in the Chicago suburb of Rosemont, IL, with an affiliate in Canada, Wynnchurch manages several private equity funds with $9.2 billion of assets under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings.

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Wynnchurch Capital, L.P

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.