Princeton Equity Group has closed its third flagship private equity fund with $1.3bn in commitments, more than doubling the size of its predecessor as institutional demand drove a heavily oversubscribed fundraise.
Princeton Equity Partners III reached its hard cap at final close after attracting commitments from existing limited partners as well as new investors across the US and international markets. The fund was raised in just two months, according to the firm.
The investor base includes pens...
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