Olympus Partners has $ 4 billion to invest after a private middle market packed fundraising for its latest flag fund. The company said on Wednesday that its eighth fund came $ 3.5 billionAnd jumped to $ 4 billion with the inclusion of LPS coinvestiments and expected reinvestments, according to letter 26 March for Olympus investors. Olympus set a hard ceiling of $ 4 billion for the VIII fund, the maximum that was allowed to increase investors.
Olympus spent about a year of marketing for his eighth fund, which increased by 15% more than the previous fund. Olympus VII Growth Fund gathered At the end of 2017, $ 3.04 billion.
At the beginning of this month, Luck informed that the Olympus VIII Fund $ 2.87 billion.
Olympus is the company PE by the chairman and CEO of Rob Morris, who is also its founder. The company invests in commercial services, food services, consumer products, health services, financial services, industrial services and production. Since its launch in 1988, Olympus has received capital of $ 12 billion. The company has also returned $ 6 billion to investors over the past three years, including $ 3 billion in 2024, Luck has reported.
Morris, in the letter, discussed the tariff of the Trump Administration policy, which caused uncontrollable volatility on the stock market and concerns for recession. Morris said that private capital managers should try to avoid “incoming missiles” of tariffs. For companies with a supply chain strongly dependent on customs, he recommended diversification to safer geographical areas or watched alternatives liberated from customs tariffs. “There are many other tactical movements, but no reliable plan that would completely avoid the economic storm could ignite the trade war,” Morris wrote in a letter.
Fund VIII began investing in January and has completed two transactions. In January, Olympus obtained Accelelevation, a provider of infrastructure products and services on the data center market, for $ 455 million. PE also picked up a generic drug manufacturer Pai pharma February for $ 605 million. According to the letter, the agreements were “The fastest Olympus purchased two investments on the arrival of the fund”.
This story was originally listed on Fortune.com
