Lovell Minnick Tops $450M for Fund

Marino, Jonathan
February 2010
Mergers & Acquisitions Report;2/8/2010, Vol. 23 Issue 6, p5
This article announces that the Equity Partners III LP Fund has been closed by California-based private equity (PE) firm Lovell Minnick Partners. The PE fund was able to raise a total of 455 million U.S. dollars. Some of the limited partners and institutional investors involved in the deal are PPM America Capital Partners, WP Global Partners, and Kemnay Private Equity. It notes that Lovell Minnick has made a number of financial services deals over the years and the depressed valuations of the sector could lead the firm back into the market.


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