Sapphire Closes Growth-Focused Technology Funds, At Nearly $2 Billion
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/PRNewswire/ -- Sapphire Ventures, LLC ("Sapphire" or the "Firm") a leading global investment firm partnering with visionary management teams and venture funds...
The firm focuses its investments on companies “with resilient demand drivers”, especially those within the consumer, industrial, technology and healthcare sectors. Peak Rock CEO Anthony DiSimone said, “The closing of Fund III, at its hard cap, is an endorsement of our team’s ability, through hundreds of transactions and various economic cycles, to significantly grow and fundamentally improve businesses across North America and Europe.” Ralph DeBernardo, principal and head of investor relations at the firm, added, “We would like to thank all of our limited partners for the confid...
Share this article Share this article AUSTIN, Texas, April 7, 2021 /PRNewswire/ -- Peak Rock Capital LLC ("Peak Rock" or "the Firm"), a leading middle-market private investment firm, today announced the final closing of Peak Rock Capital Fund III LP and its parallel funds (collectively, "Fund III" or the "Fund"). Fund III substantially exceeded its target of $1.3 billion and was over-subscribed, closing at its hard cap on $2.0 billion of limited partner commitments. Peak Rock's predecessor fund, Fund II, closed on $1.3 billion of commitments in 2017 and its inaugural fund closed on over $700...