Wind Point Partners Announces Final Close of Oversubscribed Fund XI at $3.2 Billion

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Postmedia has not reviewed the content. by Business Wire Wind Point Partners Announces Final Close of Oversubscribed Fund XI at $3.2 BillionAuthor of the article: You can save this article by registering for free here. Or sign-in if you have an account.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountCHICAGO — Wind Point Partners (“Wind Point”), a leading Chicago-based private equity firm, today announced the successful closing of its latest fund, Wind Point Partners XI (“Fund XI” or the “Fund”). Fund XI was oversubscribed and exceeded the hard cap, with total commitments of $3.2 billion. This amount includes significant commitments by the General Partner and members of the firm’s Executive Advisor Partner (“EAP”) program, providing strong alignment across all investors in the Fund.Fund XI represents Wind Point’s largest fund to date and its most global and diverse investor base in the firm’s 42-year history. Fund XI received commitments from more than 65 global institutions spanning 17 countries, including pension funds, insurance companies, asset managers, family offices and foundations. Propelled by significant repeat support from existing investors, the efficient fundraise process was completed in under nine months.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againFounded in 1984, Wind Point has a long history of partnering with top-caliber management teams under its Vision. Talent. Transformation.℠ (“VTT”) strategy to drive transformational growth in well-positioned middle market businesses. The firm is active across the business services, industrial products and consumer products industries. Wind Point has completed more than 90 platform investments and 400 add-on acquisitions. The firm’s investment process is enhanced by its nearly 30-year EAP program currently comprising over 40 senior industry executives.Wind Point’s Managing Directors, Nathan Brown, Paul Peterson, Alex Washington, Konrad Salaber and Joe Lawler, issued the following statement: “On behalf of the Wind Point team, we would like to convey our gratitude for the trust and partnership shown by so many quality institutions in Fund XI. We invest tremendous time and energy into the culture and quality of our team and strategy. The support we’ve received in this fundraise is a strong validation of our collective efforts. We believe Wind Point is very well-positioned for the long-term and we look forward to continued shared success alongside our valued partners.”Nathan Brown added, “The success of this fundraise was built on the solid foundation of our repeat partners – some of whom have been investors with Wind Point for nearly three decades. We are off to a great start in Fund XI with two investments that align well with our VTT strategy. We look forward to continuing to execute at a high level and delivering strong results for our investors with Fund XI.”Ron Liberman, Wind Point’s Head of Investor Relations, commented, “It was clear early on that we would have a strong fundraise. And we owe that to our existing investors who were there for us in the first close, and in most cases, with larger commitments. We added more than 20 new institutions with Fund XI, including new wealth channels. Our team is energized by this outcome and eager to continue our firm’s momentum.”In recent years, the Wind Point team has added depth and capabilities spanning Value Creation, Talent, Legal, Compliance and Finance & Accounting. The firm has 53 employees, with one office in Chicago, Illinois. In October, Wind Point will relocate its office to 333 Wolf Point Plaza in downtown Chicago to accommodate the team’s growth.Kirkland & Ellis LLP served as fund counsel. Falcom Asset Management, POLARIS Investment Advisory AG and Thrive Alternatives Capital Advisory served as placement advisors.About Wind Point PartnersFounded in 1984, Wind Point Partners is a Chicago-based private equity investment firm with approximately $9 billion in assets under management. The firm’s Vision. Talent. Transformation.℠ (“VTT”) investment strategy focuses on partnering with top-caliber management teams around a clear and exciting plan to invest behind a business to achieve transformational growth and value creation. The firm’s Executive Advisor Partner (“EAP”) network is comprised of more than 40 senior executives who are closely aligned with Wind Point and contribute across all core aspects of the firm’s investment process.Wind Point targets well-positioned middle market businesses within the business services, industrial products and consumer products industries. Since inception, Wind Point has deployed 11 private equity buyout funds in partnership with leading institutional investors around the world, including public pensions, insurance companies, asset managers, endowments, foundations and family offices.Additional information about Wind Point is available at www.windpointpartners.com.View source version on businesswire.com: Ron Liberman, Wind Point PartnersThis advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. 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