Trivest Gets $415M For New Family-Owned Investment Fund

Law360, New York (October 2, 2012, 7:33 PM EDT) -- Miami-based investment house Trivest Partners LP closed its latest fund at $415 million in equity capital commitments and on Monday reported strong investor interest in its model of investing in founder- and family-owned businesses largely in the U.S. Southeast.

Trivest Fund V overshot its target by $90 million, according to a statement from Trivest, which bills itself as the oldest private equity firm in the Southeast.

"We are extremely pleased with the results of our fundraising efforts," Trivest managing partner Troy Templeton said in a statement...
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