New 2ND Capital

We are pleased to announce the final close of Prospect Partners Fund V (the “Fund”), at its hard cap of $225 million. The oversubscribed Fund hit its hard cap after nine months and continues Prospect’s strategy of backing entrepreneurs in high potential pre-lower-middle market businesses based in North America that are at inflection points in the specialty services, niche manufacturing, and value-add distribution sectors. Fund V attracted strong interest from a diverse group of new investors, successfully expanding and diversifying Prospect’s investor base. Investors include well known endowments and foundations, family offices, wealth managers, and fund of funds across the United States. During the fundraise, Prospect completed its first Fund V investment in Extera Building Solutions, an Ohio-based commercial re-roofing business, and received support in the fundraise from Monument Group a leading global independent capital advisory firm. To learn more about the final close of Fund V, please read the full article on our website https://lnkd.in/gkFvtJ4U

We are pleased to announce the final close of Prospect Partners Fund V (the “Fund”), at its hard cap of $225 million. The oversubscribed Fund hit its hard cap after nine months and continues Prospect’s strategy of backing entrepreneurs in high potential pre-lower-middle market businesses based in North America that are at inflection points in the specialty services, niche manufacturing, and value-add distribution sectors. Fund V attracted strong interest from a diverse group of new investors, successfully expanding and diversifying Prospect’s investor base. Investors include well known endowments and foundations, family offices, wealth managers, and fund of funds across the United States. During the fundraise, Prospect completed its first Fund V investment in Extera Building Solutions, an Ohio-based commercial re-roofing business, and received support in the fundraise from Monument Group a leading global independent capital advisory firm. To learn more about the final close of Fund V, please read the full article on our website https://lnkd.in/gkFvtJ4U

We are pleased to announce the final close of Prospect Partners Fund V (the “Fund”), at its hard cap of $225 million. The oversubscribed Fund hit its hard cap after nine months and continues Prospect’s strategy of backing entrepreneurs in high potential pre-lower-middle market businesses based in North America that are at inflection points in the specialty services, niche manufacturing, and value-add distribution sectors. Fund V attracted strong interest from a diverse group of new investors, successfully expanding and diversifying Prospect’s investor base. Investors include well known endowments and foundations, family offices, wealth managers, and fund of funds across the United States. During the fundraise, Prospect completed its first Fund V investment in Extera Building Solutions, an Ohio-based commercial re-roofing business, and received support in the fundraise from Monument Group a leading global independent capital advisory firm. To learn more about the final close of Fund V, please read the full article on our website https://lnkd.in/gkFvtJ4U