Bowside Capital Announces Final Closing of Bowside Capital Fund III, L.P.
Charleston, SC -- November 14, 2014 -- Bowside Capital (“Bowside”), a private investment firm that specializes in the private small capitalization market, is pleased to announce the final closing of Bowside Capital Fund III, L.P. (“Bowside III”) with $37.25 million in capital commitments.
“The offering was well received by our existing limited partners and other new investors, allowing us to exceed our target of $35 million in under 12 months,” said Christian Albert, managing partner. “Our consistent and focused investment strategy on the small buyout market and the performance of our predecessor funds contributed to the success of the fund raise.”
Bowside’s investment program is designed to build a diversified portfolio of investments in the private small cap market. Bowside invests in U.S. and Canadian private equity funds with capital commitments of $150 million or less, makes secondary purchases of limited partner interests in funds that meet its target criteria and co-invests with these funds and independent sponsors in direct transactions.
Bowside III has already completed five investments and is actively seeking new fund, secondary and co-investment opportunities.
About Bowside Capital
Founded in 2009 and headquartered in Charleston, SC, Bowside Capital is a private investment firm that specializes in the U.S. and Canadian private equity, small capitalization market. The investors in the Bowside funds include endowments, family offices and high-net-worth individuals.
For further information, please contact:
Christian H. M. Albert
Managing Partner, Bowside Capital
Tel: (843) 725-7500