Rotunda Capital closes oversubscribed Fund III at $405 million
Category: Transactions Year: 2022
28 June 2022
Rotunda Capital Partners ("Rotunda") is pleased to announce the successful closing of Rotunda Capital Partners Fund III, L.P. (the "Fund" or "Fund III"), with $405 million in total capital commitments.
The Fund was oversubscribed above its initial target of $295 million. Fund III received capital commitments from a diverse set of investors, including public pensions, corporate pensions, insurance companies, healthcare companies, multi-manager funds, consultants, and family offices. Rotunda is especially thankful for the continued support by way of fund commitments from several former Rotunda portfolio company executives and family-founders with whom we have partnered in the past.
Rotunda would like to recognize Campbell Lutyens for their partnership in raising Fund III expeditiously and with significant capital from new investors, as well as Kirkland & Ellis LLP for providing fund formation counsel.