Kingswood Capital Management has held a $620 million final close for its Kingswood Capital Opportunities Fund II, exceeding its $450 million target and $600 million hard cap.
Kingswood's Fund II attracted commitments from a balanced mix of leading endowments, foundations, family offices, insurance companies, pension plans and funds of funds from across North America, Europe, Asia and Australia, as well as significant participation from the general partner and a group of Kingswood operating partners.
Kingswood Capital Management is a private investment firm primarily focused on investing in businesses in transition. The closing of Fund II increases Kingswood's total capital under management to more than $1 billion.