New Heritage Capital, a Boston, MA private equity firm, closed its fourth fund, at $438m in total capital commitments.
New Heritage Capital IV, L.P.’s investor base is diversified across North America, Europe and around the globe, and is comprised of high-quality limited partners, including consultants, endowments, insurance companies, public pensions, family offices, asset managers and funds of funds.
Co-founded in 2016 by Mark Jrolf, Nickie Norris, and Charlie Gifford, Heritage focuses on partnering with high-growth, founder-owned businesses in the middle market providing founders with a combination of liquidity and growth capital while allowing founders to maintain control of their business. Since its founding, the firm has raised approximately $1 billion in committed capital and invested in more than 15 platform companies and 30 add-on acquisitions.
Harris Williams served as exclusive placement advisor for Fund IV and Latham & Watkins LLP served as fund counsel.
FinSMEs
28/11/2023