Harvest Partners $1.28 billion fund raise for its third structured capital fund
We advised Harvest Partners on the fundraise and related matters for Harvest Partners Structured Capital Fund III
Davis Polk advised Harvest Partners on its fundraise and related matters for Harvest Partners Structured Capital Fund III, L.P. and Harvest Partners Structured Capital Fund III (Parallel), L.P. (together, “HP SCF III”), which recently had its final closing with approximately $1.28 billion in commitments to the funds, exceeding its goal of $1 billion.
Harvest Partners, LP is an established private equity firm with a 40 year history specializing in middle-market companies. Harvest Partners invests broadly across private company recapitalizations, leveraged buyouts, management buyouts, growth capital, generational transitions, public-to-private transactions, corporate carve-outs and industry consolidations. Structured Capital is Harvest’s non-control senior equity product, targeting senior equity investments with private equity-like returns.
The Davis Polk investment management team included partner Michael S. Hong and associates Michael A. Stenbring, Joel Kuzniecky, Merisa Lyn Hartung, June Han and Chelsey Whynot. Partner Ethan R. Goldman and associates Lex L. Varga and April Filtz provided tax advice. All members of the Davis Polk team are based in the New York office.