Mill Point Capital's third fund ultimately raised USD 1.7 billion

The third private equity fund under Mill Point Capital, focusing on companies in the mid to low-end North American market, has finally raised $1.7 billion, doubling its fundraising size. According to a statement from the U.S. Securities and Exchange Commission, the new fund was raised with the assistance of placement agent and advisory firm Asante Capital. Public records show that institutional investors in Mill Point's third fund include the South Carolina Retirement System, the Los Angeles Fire and Police Pension, and the University of Houston System Endowment Fund