Wind Point Partners Closes Eighth Fund at $985 Million
Chicago, IL, July 6, 2017 – Wind Point Partners announced the final closing of its eighth fund, Wind Point Partners VIII (WPP VIII), with $985 million of equity capital commitments. The fund significantly exceeded its initial hard cap of $750 million and marks the largest fund closing in Wind Point’s history. The firm’s Managing Directors collectively thank both existing and new investors for their support.
The strategy for WPP VIII will be consistent with its predecessor and focus on partnering with top caliber CEOs to acquire solid middle market companies with a clear path to value creation in consumer products, industrial products, and business services markets.
Wind Point’s Executive Advisor Partners (‘EAPs’) will also continue to play an integral role. The EAPs are a network of seasoned and accomplished CEO-level executives who contribute invaluable insight and industry expertise throughout all aspects of Wind Point’s strategy. Additionally, EAPs invest alongside Wind Point at both the fund and portfolio company level.
WPP VIII is off to a strong start, having already invested over $280 million and committed an additional $140 million of equity capital in six portfolio companies – Evans Food Group, St. George Logistics, Aurora Plastics, Paragon Films, Vee Pak, and Valicor.
Moelis & Company LLC served as placement agent. Kirkland & Ellis LLP served as legal counsel.