5th Century Partners (5CP) has announced the close of its debut fund, 5CP Fund I.
The fund closed with $144 million in capital commitments, surpassing its target of $100 million.
5CP, based in Chicago, focuses on middle market companies within the healthcare, consumer and business services industries. The firm’s initial fund will pursue companies with $2 million to $20 million of EBITDA, with individual equity investments having a target range of $5 million to $50 million.
