Parthenon Capital Partners Closes $700 Million Fund

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[Techtaffy Newsdesk]

Parthenon Capital Partners, a middle market private equity firm with offices in Boston and San Francisco and over $2.0 billion of capital currently under management, said in a statement that its affiliate, Parthenon Investors IV, LP, held its final closing with $700 million in commitments. PCP Fund IV exceeded its initial fund target of $600 million and hit its “hard cap” of $700 million.