PPM America Capital Partners Secures $660m for Private Equity Fund VIII

PPM America Capital Partners (PPMACP) has achieved a significant milestone with the final closing of its eighth co-investment fund, PPM America Private Equity Fund VIII LP (Fund VIII), a 2021 vintage fund. This marks the firm's largest fund to date, surpassing its 2018 predecessor. Fund VIII, boasting a final close amount of $660 million, aims to diversify investments across 50 co-investments, aligning with top-tier buyout and growth equity sponsors.

With a consistent track record since 1996, spanning various market cycles, PPMACP has successfully navigated the co-investment landscape, raising eight funds totaling over $4 billion and closing over 250 deals with 50+ sponsors. The fund's strategic approach involves allocating between $10-$25 million per co-investment, ensuring well-rounded diversification by vintage year, sponsor, and sector/industry. PPMACP's focus remains on North American buyout and growth opportunities, solidifying its position as a key player in the private equity arena.