Endeavour Capital Raises $75M For Oregon Shipbuilder

Law360, New York (December 2, 2011, 3:29 PM EST) -- Oregon private equity firm Endeavour Capital LLC has raised $75 million for shipbuilder Vigor Industrial LLC, one of the largest financing rounds in the state's history, Endeavour said Friday.

The financing round is the first investment of Endeavour's sixth fund, Endeavour Capital Fund VI LP, which launched in October. The fund, which has about $675 million in assets, is the largest PE fund in Oregon history, according to media reports.

Endeavour managing director Steve Babson told the Oregonian that he believes Vigor's management team, led by...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.