
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.