Vance Street Capital Closes Fund IV at $775M, Hits Hard Cap

Los Angeles-based private equity firm Vance Street Capital ("Vance Street") has successfully closed its fourth fund, Vance Street Capital IV ("Fund IV"), hitting its hard cap at $775 million. Originally aiming for $550 million, the fund attracted significant investor interest and was oversubscribed, closing in April 2024. This achievement brings Vance Street's total capital raised for investments in the lower middle market to over $2 billion.

Fund IV will uphold Vance Street's strategy of partnering with founder-owned companies, multi-generational family businesses, and corporate carve-outs across key B2B manufacturing sectors, including medical, life science, industrial technology, and aerospace & defense. This milestone underscores Vance Street's position as a leading player in the private equity landscape, poised to drive value through strategic investments in innovative companies.