DJIA52377.57 15.99
S&P 5007722.60 45.83
NASDAQ26477.81 308.43
Russell 20002818.87 21.21
German DAX25606.65 165.82
FTSE 10010686.54 -80.79
CAC 407887.14 39.82
EuroStoxx 506164.65 51.60
Nikkei 22563954.19 685.82
Hang Seng23041.32 -170.49
Shanghai Comp3648.30 -49.22
KOSPI6012.44 374.10
Bloomberg Comm IDX141.91 -1.03
WTI Crude-fut115.96 2.01
Brent Crude-fut101.62 1.77
Natural Gas3.51 0.01
Gasoline-fut3.11 0.05
Gold-fut4044.00 -33.00
Silver-fut53.90 -0.64
Platinum-fut1541.40 -5.20
Palladium-fut1027.50 -8.50
Copper-fut6.64 -0.02
Aluminum-spot3195.00 0.00
Coffee-fut293.75 -0.50
Soybeans-fut1245.75 2.50
Wheat-fut610.50 -0.50
Bitcoin80773.73 -129.90
Ethereum USD2349.80 -1.49
Litecoin57.47 0.60
Dogecoin0.08 0.00
EUR/USD1.1154 -0.0032
USD/JPY157.97 0.32
GBP/USD1.3323 -0.0037
USD/CHF0.8289 0.0014
USD IDX102.43 0.09
US 10-Yr TR5.028 0.035
GER 10-Yr TR3.3624 0.007
UK 10-Yr TR5.3491 0.0065
JAP 10-Yr TR2.827 0.002
Fed Funds4 0
SOFR3.93 0.01
High-rise commercial buildings

Sub Markets

Topics

Alternative Assets  + Private Equity  | 
Constitution Capital Surpasses $1.1B Across Two Mid-Market Funds

Constitution Capital Surpasses $1.1B Across Two Mid-Market Funds

Alternative asset manager Constitution Capital Partners has reportedly raised approximately $1.1 billion across a pair of new mid-market investment funds, including a private equity fund-of- funds and a co-investment strategy, according to the Wall Street Journal.

The firm is also looking to raise $300 million for a new opportunities fund.

The fundraising flurry comes three years after Constitution soared past its target for its fifth flagship fundraise to reach $1 billion for the vehicle. The firm had set a $600 million target for Ironsides V, but easily beat that amount as well as the $755 million collected for Ironsides IV at the end of 2016.

Constitution raised $823 million for the final close of the Ironsides III Private Equity Partnership/Co-Investment Funds and related segregated mandates in 2015.

Connect

Inside The Story

Constitution Capital Partners

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.