Blue Sage Capital has announced a final closed of Blue Sage Capital IV. This fund closed at $618 million, closing significantly above its original fundraising target of $400 million, according to press release on Jan. 29.
Blue Sage Capital IV will focus on investments in opportunities with environmental solutions, niche manufacturing and specialty services companies in Texas, the Southwest and the Midwest United States.
Blue Sage Capital, a lower-middle market private equity firm, has raised more than $1.2 billion in lower-middle market funds.