Atlantic-Pacific Capital, Inc., the largest independent global placement agent for alternative investment funds and direct private placements, is pleased to announce the final closing of Clearview Capital Fund II (the "Fund"). The Fund was completed in March 2008 and represents Clearview Capital's first institutional private equity fund focused on control-oriented equity investments in established, lower middle-market companies in the United States and Canada. The Fund closed on $250 million of capital commitments, surpassing its target of $200 million. Atlantic-Pacific Capital acted as the exclusive global placement agent.
The Fund has already completed three platform and three add-on investments (representing approximately $42 million) and expects to maintain an aggressive investment pace. Currently, the Fund's portfolio consists of: i) Hettinger Welding, a leading provider of pipeline and facilities construction and maintenance services for customers building natural gas infrastructure; ii) Rowmark, the world's leading manufacturer of specialty plastic sheet and related products for the awards/recognition, engraving and signage markets; and iii) Air Cooled Exchangers, a leading manufacturer of air cooled heat exchangers used to cool gases and liquids in various industrial applications.
INFO SOURCES
Atlantic-Pacific Capital, Inc.
FIRMS
Founded in 1999, Clearview Capital LLC is a private equity investment firm focusing on long-term equity investments with potential for significant appreciation. Clearview Capital specializes in the acquisition and recapitalization of North American manufacturing and service companies with operating profits between $4 million and $20 million. The Firm's principals have a successful track record of completing transactions and creating and realizing value in portfolio companies. As a team, the principals have invested in ten platform companies and have completed numerous add-on acquisitions. In aggregate, Clearview Capital's current portfolio has sales and operating profits in excess of $500 million and $100 million, respectively.
With offices in North America, Europe and Asia, Atlantic-Pacific Capital, Inc. is a leading global placement agent solely dedicated to raising capital for alternative investment funds and direct private placement transactions. Typical projects include private equity, real estate and hedge fund placements, as well as private placement financings in support of acquisitions, buy-outs and growth capital transactions. Founded in 1995, Atlantic-Pacific has raised in excess of $33 billion for its clients and has developed relationships with over 4,000 alternative investors worldwide.
PEOPLE
James Manley, CEO of Atlantic-Pacific Capital
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