Kian Capital Partners a lower-middle-market focused private investment firm, is pleased to announce the closing of the firm’s latest fund, Kian Growth Partners III, L.P. which was oversubscribed at $400 million.
Kian’s existing limited partners (“LPs”) increased their support of the Fund and were joined by a number of new, marquee lower-middle-market investors. KGP III’s LP base includes a diverse group of investors, including university endowments, fund of funds, financial institutions, family offices, and, notably, several founders of former Kian investments. Investor demand was well above the Fund’s hard cap, stimulated by the strong performance of prior funds and highlighting the significant support for the firm’s investment strategy.
“We are grateful for the continued confidence and loyalty of our blue-chip LP base, and as part of our strategy, we are pleased to welcome new and recognizable LPs to our third fund,” said Rick Cravey, Co-Founder and Partner at Kian. “KGP III will strengthen our commitment to the lower middle market, and allow us to continue helping businesses professionalize and scale within our four core sectors — consumer, services, value added distribution and specialty manufacturing. As in prior funds, we will continue to deploy flexible and creative capital solutions that align with our philosophy of creating win-win relationships and shareholder value by employing our proven Blueprint for Enduring Value™.”
Founded in 2013, Kian has been a trusted partner to management teams by providing the financial resources and additional operational horsepower to scale lower-middle-market businesses, realize growth aspirations and deliver long-term investment returns through genuine partnership. The firm has been recognized on Inc.’s Founder-Friendly Investors list for three consecutive years, a testament to Kian’s collaborative approach and experience providing transformational capital solutions, focused…
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