Shore Capital Closes $450m F&B Fund - Private Equity Wire

Shore Capital closes $450m F&B fund - Private Equity Wire

Shore Capital Partners, the Chicago-based private equity firm founded by billionaire Justin Ishbia, has closed its third dedicated food and beverage fund at $450m, targeting investments in companies generating $5m to $100m in annual revenue, according to a report by Bloomberg. The fund, announced Tuesday, attracted commitments from a mix of existing and new limited partners including family offices, university endowments, and financial instituti…

Shore Capital seals $450m food, beverage fund close, promotes trio to partner after success in strategy

Lower mid-market investor Shore Capital Partners raised $450m for the final close of its third food and beverage fund, bringing its assets under management to about $13bn. The post Shore Capital seals $450m food, beverage fund close, promotes trio to partner after success in strategy appeared first on AltAssets Private Equity News.