May River Capital, LLC, a Chicago, IL-based private equity investment firm, closed its inaugural fund, with total LP commitments of $165m.
May River Fund I received commitments from a group of limited partners, including university endowments, insurance companies, charitable foundations, fund-of-funds, family offices and high net worth individuals.
Led by founding partners, Chip Grace, Steve Griesemer and Dan Barlow, who also made significant commitments, the fund targets equity investments of $15 – $40 million in small market, industrial growth companies within the high value manufacturing, engineered products, industrial services and distribution sub-sectors.
Since its founding in February 2012, May River has completed investments in MECA & Technology Machine, Hunt Valve, Pride Engineering, and GCM.
FinSMEs
21/03/2017