Mill Point Capital Closes Oversubscribed $1.7B Fund III

Targeting Lower-Mid-Market Investments

New York-based Mill Point Capital has successfully closed its third private equity fund at $1.7 billion, exceeding its initial target. The firm specializes in lower-mid-market investments, focusing on industrials, business services, and IT services sectors. The new fund will continue Mill Point’s strategy of partnering with founder-led businesses, driving operational improvements and growth. According to Mill Point's website, the firm prioritizes companies in the U.S. and Canada, seeking long-term value creation. This latest fundraise highlights strong investor confidence following the performance of their previous funds.