Clearhaven Partners closes $580m Fund II; hits hard cap

Clearhaven Partners LP, a prominent Boston-based private equity firm specializing in software investments, has successfully concluded the fundraising for its second fund, Clearhaven Fund II, L.P., surpassing expectations by securing over $580 million in capital commitments. This accomplishment not only exceeded the initial target but also reached the fund's hard cap.

Notably, Clearhaven closed Fund II just two years after the successful closure of its inaugural fund. The firm focuses on strategic investments in burgeoning lower middle market software and technology companies, targeting those with revenues ranging from $20 million to $100 million. This milestone highlights Clearhaven's continued success in capitalizing on opportunities within the dynamic software sector.