
CCMP Capital closes $3.6bn fund
CCMP Capital has closed its mid-market buyout and growth equity vehicle, CCMP Capital Investors III, on $3.6bn.
CCMP's predecessor fund closed on $3.4bn in 2006. The firm's assets under management and committed capital now total approximately $7.5bn.
Current portfolio companies include food service company Aramark and Ripon-based Pure Gym, which CCMP attempted to merge with Phoenix Equity Partners-backed The Gym Goup earlier this year. The proposal was abandoned in July due to anti-trust issues.
Investments
The firm will focus on North American and European investments in the retail, industrial, energy and healthcare sectors. The fund, which typically invests $100-500m, has already completed three investments in US and Canadian companies.
Investors
Investors in the new fund include public and corporate pension funds from the US and Europe, sovereign wealth funds, insurance companies, foundations, endowments and high-net-worth individuals.
People
Greg Brenneman is chairman and Stephen Murray is president and CEO of CCMP.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater