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Alternative Assets  + Private Equity  | 
Kian Capital Closes Its Third Fund at $400M

Kian Capital Closes Its Third Fund at $400M

Kian Capital Partners, a lower mid-market private investment manager based in Atlanta and Charlotte, raised $400 million for its oversubscribed third fund – Kian Growth Partners III LP.

The fund’s investors include several founders of previous Kian Investments, along with traditional LPs like endowments, fund-of-funds and family offices.

While many emerging and smaller managers face a difficult fundraising environment, the close of the third fund comes at a time of significant momentum for Kian.

“With the close of our third fund, our growing team is well positioned to continue to create positive outcomes for business owners and LPs,” says David Duke, partner, business development. “The quality of our active deal pipeline remains strong, and we view the recent market dislocation as an opportunity given our flexible investment mandate.”

Founded in 2013, Kian has found a niche in the automotive aftermarket sector, recently announcing the exit of its investment in Motor City Industrial. Additionally, over the last 18 months, Kian has invested in four platforms, completed eleven add-on acquisitions, exited five investments and brought on four new team members.

Robinson, Bradshaw & Hinson PA acted as Kian’s legal advisor. Winston & Strawn acted as Kian’s regulatory counsel.

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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.

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