Harvest Partners, a NYC-based private equity firm, closed Harvest Partners IX, L.P., at over $5.3 Billion.
HP IX has over 90 investors, primarily institutional and well diversified across pension funds, sovereign wealth funds, insurance companies, asset managers and family offices. Today, Harvest and its affiliates have over $20 Billion of assets under management.
The firm’s flagship Private Equity strategy focuses on businesses with enterprise values between $300M to $5 Billion in five target sectors – Business & Industrial Services, Consumer, Industrials, Healthcare and Software.
Founded in 1981 and led by Michael DeFlorio, CEO, Harvest Partners is an established private equity firm with over 40 years of experience investing in middle-market companies and partnering with high-quality management teams to acquire and build growing businesses.
Commenting on the news, Michael DeFlorio, CEO, said: “We view the strong investor response to HP IX, our largest fund to-date, as recognition of the success of our strategy. We are grateful to our returning investors for their continued support and the many new investors who joined us in HP IX.”
FinSMEs
08/11/2023