Ridgemont Equity Partners, a private investment firm specializing in buyout and growth market companies, has closed its Ridgemont Equity Partners IV (REP IV)l at its hard cap with $2.35 billion in commitments.
The fund significantly exceeded its initial target of $2 billion and brings the firm’s total assets under management to more than $8.5 billion.
REP IV extends Ridgemont’s long-standing focus as a majority owner or lead minority investor in companies across three core sectors: business and tech-enabled services, industrial growth, and healthcare. Ridgemont’s senior leadership team has worked together for more than 20 years, and the firm has established an extensive track record as a preferred partner to management teams while delivering strong returns to investors.