Los Angeles-based private equity firm LLCP has closed its fourth lower-middle-market fund – LLCP Lower Middle Market IV– at its $2bn hard cap after attracting commitments well above its original $1.7bn target.
Fundraising bagel in December 2025 with the vehicle receiving backing from existing limited partners as well as a new group of institutional investors from around the world.
The investor base includes sovereign wealth funds, public pension schemes, endowments, foundations, insurers, invest...
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