Twin Bridge Raises $880 Million for Lower Middle Market Buyout Fund-of-Funds

June 27, 2022 – Twin Bridge Capital Partners has raised $880 million for its latest fund-of-funds focused on midmarket private-equity funds and deals in North America.

“Fundraising from here on in is going to be more challenging and measured for everyone,” Mr. Gallagher said. Many fund sponsors who intended to easily close new investment pools this year are pushing goals out to 2023 as investors contend with potential overexposure to private equity and an unusually large supply of funds in the market, he said.

“It’s our mission to back those really exceptional managers that have shown the ability to weather tough times in the past and have the ability to outperform in all [market] conditions,” according to Mr. Petronzio.