Mid-market firm WestView Capital surpasses target with $325m close
WestView Capital Management, a Boston-based private equity firm that invests in lower to middle-market companies, has closed WestView Capital Partners II on $325m. The growth equity fund had a fundraising target of $300m.
“We are thrilled to have been able to close our fund in this difficult capital raising environment,” said Carlo von Schroeter, managing partner and co-founder of WestView Capital.
WestView currently manages over $520m, having closed its first fund on $195m in September 2005.
In July, WestView invested in RuffaloCODY, a provider of fundraising, membership and enrolment management services and software for higher education institutions and non-profit organisations.
The firm’s most recent exit was the divestment of its interest in Radiac Abrasives, a US manufacturer of bonded abrasives and superabrasive grinding wheels, in August .
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Private Equity News» By News Type» Fund News
Private Equity News» By PE Sector» Venture/Growth
Private Equity News» By Region» North America» United States
Private Equity News» By News Type» Fund News
Private Equity News» By PE Sector» Venture/Growth
Private Equity News» By Region» North America» United States
