DC Capital Hard Caps First Institutional Fund at $450 Million Exceeding $350 Million Target
ALEXANDRIA, VA – DC Capital Partners Management, LP (“DC Capital”), announced that it has conducted the final close of its first institutionally-backed private equity fund, DC Capital Partners Fund II, LP (the “Fund”) at its hard cap of $450 million. The Fund was established to make control, private equity-only investments in middle market, United States based, Government Services and Engineering & Construction Services businesses (the “Target Sectors”). The Fund targets equity investments of $25 to $75 million in aggregate per platform and has significant equity co-investment capacity from the General Partner and the Limited Partners to pursue larger investments.
The Principals of DC Capital have been investing primarily in the Target Sectors for over 30 years. Since DC Capital’s founding in 2007, the Principals have successfully invested over $200 million of their own personal capital across multiple platforms in the Target Sectors. The Fund was established to leverage the General Partners equity capital alongside partner capital to build a broader portfolio of differentiated, strategic businesses within the Target Sectors.
Champlain Advisors LLC served as exclusive global placement agent for the Fund and Arnold & Porter Kaye Scholer LLP served as fund formation counsel.
Thomas J. Campbell, Founder & Managing Partner
Douglas T. Lake Jr., Partner
About DC Capital Partners
DC Capital is a private equity investment firm headquartered in Alexandria, Virginia, focused on making control investments in middle market, U.S.-based, Government Services and Engineering & Construction Services businesses. Learn more at www.dccapitalpartners.com.
About Champlain Advisors, LLC
Champlain Advisors, LLC provides fund global fund placement, advisory and investor relations services to alternative investment managers. Founded in 2003, Champlain’s team has raised over $25 billion of institutional capital globally and is an SEC registered Broker/Dealer and FINRA/SIPC member firm. Please visit www.champlainadvisors.com or contact Terry Crikelair at (212) 686-7949 x112 for additional information.
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, the Company’s plans, objectives, goals, strategies, future events, future bookings, acquisitions, business trends, executive compensation, and other information that is not historical information. Actual results, performance, or achievements could differ materially from those expressed in, or implied by, the forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements, which may be made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events.