NEW YORK, Jan. 12, 2016 /PRNewswire/ -- Dominus Capital has held a final close of its second fund, Dominus Capital Partners II, L.P., at the hard cap of $400 million in limited partner capital commitments, surpassing an original fundraising target of $350 million and more than doubling its debut fund. The firm received strong interest from both new and existing investors and did not retain a placement agent. Several new domestic and international institutional limited partners, including endowments, state pension plans, and a large sovereign wealth fund, were added to the Fund I blue chip roster of investors in the new fund.
Fund II will make controlling equity investments in North American services, consumer, and industrial middle market companies. The firm will target platform investments in companies between $10 million and $30 million of EBITDA.
Dominus Capital was founded by Gary Binning, Bob Haswell, and Ashish Rughwani in 2008 and is headquartered in New York City. The group was later joined by several CEOs of past portfolio companies that now serve as Operating Partners for Dominus Capital. (www.dominuscap.com).
SOURCE Dominus Capital Partners