Marlin Equity Passes Target With $1.6B For 4th Fund

Law360, New York (July 9, 2013, 2:02 PM EDT) -- Marlin Equity Partners raked in $1.6 billion for its fourth fund, an effort that was more than three times oversubscribed and handily beat the original $1 billion target in less than five months, the Los Angeles-based firm said on Tuesday.

Investors from around the world committed to the fund, creating a base that covers sovereign wealth funds, pension funds, endowments and insurance companies, among others, Marlin Equity said, without specifically naming backers.

The haul is a threefold increase over the firm's previous fund, a $660 million...
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