People Moves

What's New In Investments, Funds? - Falfurrias Capital Partners

Editorial Staff, September 13, 2021


The latest offerings in investments, such as funds and structured products, and other notable developments.

Falfurrias Capital Partners
Falfurrias Capital Partners has closed its latest lower middle-market private equity fund, Falfurrias Capital Partners V, at $850 million in investor commitments. The fund was oversubscribed, it said in a statement on Friday.

The firm’s prior flagship fund, Falfurrias Capital Partners IV, totaled $500 million and was raised in 2019. In total, FCP has around $1.9 billion under management.

The Charlotte-based private equity firm, founded by former Bank of America CEO Hugh L McColl Jr, former Bank of America chief financial officer Marc Oken, and managing partner Ed McMahan, will invest the proceeds of the fund in growth-oriented, lower middle-market businesses.

In the last year, FCP announced investments in H Code, the multicultural digital media agency; Chargeback Gurus, a global player in providing chargeback prevention and recovery services for eCommerce and Card Not Present transactions; Training the Street, provider of educational resources for financial professionals; Carolina Foods, a manufacturer of sweet baked goods; Crosslake, a technology services provider performing technical due diligence and value creation services for private equity firms; and Ballast Research, a business intelligence platform supporting reputation management initiatives for Fortune 500 customers. 

Falfurrias Capital Partners was founded in 2006.

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