Access Holdings raises $340 million for inaugural private equity fund, exceeding target by 36%
Category: Transactions Year: 2021
One of the largest inaugural funds raised by a Mid-Atlantic private equity firm
Baltimore, MD – Access Holdings, a Baltimore-based mid-market investment firm specializing in a purposeful buy-and-build investment approach, today announced the final close of its inaugural fund, raising $340 million from 15 institutional investors. This is one of the largest inaugural closed-end funds raised by a Mid-Atlantic private equity firm.
The fund, Access Holdings Fund I L.P., was oversubscribed and exceeded its target of $250 million by 36% despite difficult circumstances imposed by the COVID-19 pandemic and the significant drop in the number of first-time private equity funds closings.
Campbell Lutyens is pleased to have assisted with fund placement.
