Rowayton CT, March 16, 2018 – Eaton Partners, one of the largest placement agents and advisory firms and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), is pleased to have served as exclusive placement agent for Brightstar Capital Partners’ inaugural fund program, which held a final close in excess of $710 million in capital commitments.
Brightstar Capital Partners received support from a diverse range of institutional investors in both North America and Europe, including university endowments, private foundations, high net-worth investors and pension funds. The closing represents one of the largest raises for a first-time middle market private equity fundraise in the last year, according to PitchBook data.
Brightstar Capital Partners is a New York-based private equity firm focused on investing in closely held, middle-market companies. Brightstar seeks partnership opportunities with exceptional management teams where it is uniquely positioned to drive value creation. The firm seeks to invest $50 million to $250 million in each portfolio company over the course of its investment.
"We are ina very competitive fundraising market for middle market strategies, and yet this fund received very strong investor demand that exceededexpectations," said Peter Martenson, Partner at Eaton Partners. "The level of attention and commitment from such high quality limited partners is a testament to the experience, pedigree and track record of the entire Brightstar team."