Dunes Point Capital, LP Raises $800 Million, Exceeding Target of $775 Million.
Fund III raise brings total AUM to $1.5B
More than half of the Fund already invested across seven companies
RYE, N.Y., March 1, 2024 /PRNewswire/ -- Dunes Point Capital, LP ("DPC") announced it has closed Dunes Point Capital Fund III (the "Fund"), with total capital commitments of $800 million, which exceeded the Fund's target of $775 million.
The Fund has already invested $415 million and completed seven company acquisitions: Atalys, FastLap, K-1 Packaging Group, Kwalu, Roofing Services Solutions, Stanton Carpet, and Warshaw Supply.
Commitments to the Fund were secured from a diverse group of investors, including endowments, foundations, global asset managers, insurance companies, investment advisors, public pensions, family offices and high net worth individuals. Existing investors from Dunes Point Capital's Fund II were joined by a significant group of new investors.
Since its inception in 2013, Dunes Point Capital has raised approximately $1.5B and has acquired 20 platforms and 89 total companies.
About DPC: Founded by Timothy J. White, DPC is a family office and private investment firm, pursuing control investments in companies operating in the general industrial and business services sectors. DPC targets companies with enterprise values of up to $1 billion. For more information, please visit www.dunespointcapital.com.
Komodo Health today announced the publication of 33 new health economics and outcomes research (HEOR) studies using its Healthcare Map and AI-powered technology platform. The studies, to be featured at the 2024 International Society for...
iCapital1, the global fintech platform driving the world's alternative investment marketplace for the wealth management industry, announces the introduction of iCapital Model Portfolios. Today, the more than 100,000 U.S. Financial Advisors who use...
Ferring Pharmaceuticals today announced the final 60-month follow-up data from the Phase 3 study of ADSTILADRIN® (nadofaragene firadenovec-vncg) were presented at the American Urological Association (AUA) 2024 Annual Meeting. The study demonstrated...
GE HealthCare , a leader in precision care innovation, will host an investor day on Thursday, November 21, 2024, in New York, NY. GE HealthCare's management team will present its growth strategies, technology portfolio, and vision for its businesses...
Splunk, the cybersecurity and observability leader, today announced Splunk Asset and Risk Intelligence, a solution designed to power the SOC of the future by helping businesses streamline compliance, reduce cyber risk and eliminate the sources of...
Soluna Holdings, Inc. ("SHI" or the "Company"), , a developer of green data centers for Bitcoin mining and other intensive computing applications, announced its April project site-level operations, developments, and updates.
The Company has...
