50 South Capital Advisors Seeks $750M for Fund XI Co-Managed with Northern Trust

Chicago-based 50 South Capital Advisors, a global alternatives firm specializing in mid-market and growth-oriented investments, is launching its 11th fund of funds, Fund XI, aiming to raise $750 million. Co-managed with Northern Trust, the fund offers access to private equity and hedge fund opportunities, with a focus on technology companies across the U.S. As of March 31, 2024, 50 South Capital boasted approximately $11.1 billion in assets under management and $3.2 billion in assets under advisement. With a track record of success and backed by its parent company's 130 years of financial expertise, 50 South Capital aims to leverage its strategic partnerships and industry insights to drive returns for investors in Fund XI.