Kinderhook Industries Raises $2.75 Billion for Oversubscribed Eighth Fund
June 18, 2024
Fund 8 will continue Kinderhook’s buy-and-build strategy in the Environmental / Business Services, Automotive / Light Manufacturing, and Healthcare Services Sectors.
New York, NY – Kinderhook Industries, LLC (“Kinderhook”) today announced the final closing of Kinderhook Capital Fund 8, L.P. (“Fund 8”) with total capital commitments of $2.75 billion, inclusive of $250 million in commitments from the general partner and its operating partner network. After holding a first close in April 2024, Fund 8 exceeded its target of $2.0 billion and was significantly oversubscribed.
Kinderhook’s investor base is comprised of leading domestic and international endowments, foundations, family offices, pensions and other institutional capital bases. Kinderhook welcomed several new investors that broaden the Firm’s Limited Partner base in the United States, Europe, and for the first time, in the Middle East, Asia and Latin America.
“All of us at Kinderhook are humbled by the overwhelming support we received from our existing and new investors and are extremely proud of our global investor base of thought-leading partners,” said Chris Michalik, Managing Director at Kinderhook. “Fund 8 plans to continue a similar investment strategy that Kinderhook has pursued for over two decades and will target our core sectors of focus where we have deep industry expertise.”
“We are pleased to continue our partnership with our long-standing investors, many of whom have supported Kinderhook since its founding,” said Liam Rogers, Managing Director and Head of Capital Formation & Investor Relations. “We are also excited to welcome our new partners to the Kinderhook family – the commitments we received from blue-chip LPs across the world is a testament to the strength of our team and the consistency of our investment strategy and results.”
UBS Private Funds Group served as exclusive global placement agent. Kirkland and Ellis, LLP served as fund counsel for Fund 8.
For additional information about this transaction, please contact:
Liam Rogers
Managing Director, Head of Capital Formation & Investor Relations
646-775-9991
[email protected]