Kingswood Capital Administration Closes Fund II at Over $620 Million, Exceeding its Goal and Exhausting Cap

Kingswood Capital Administration Closes Fund II at Over 0 Million, Exceeding its Goal and Exhausting Cap

LOS ANGELES, Jan. 10, 2023 /PRNewswire/ — Kingswood Capital Administration, L.P. (“Kingswood”), an operationally-focused personal fairness agency, immediately introduced the ultimate closing of Kingswood Capital Alternatives Fund II, L.P. (along with its parallel fund, “Fund II”), which was oversubscribed with over $620 million of capital commitments, exceeding each its $450 million goal and $600 million onerous cap. The closing of Fund II will increase Kingswood’s complete capital below administration to over $1 billion.

Kingswood’s Fund II attracted commitments from a balanced mixture of main endowments, foundations, household places of work, insurance coverage firms, pension plans, and funds of funds from throughout North America, Europe, Asia, and Australia, in addition to important participation from the final accomplice and a gaggle of Kingswood working companions.

Alex Wolf, Managing Companion of Kingswood, stated, “We’re grateful for the continued assist from our present restricted companions in addition to the brand new traders who embraced Kingswood’s differentiated funding technique. We’re humbled by the arrogance our companions have entrusted in us and consider the success of this fundraise is a testomony to the standard of our staff, our operational value-add, and the power of our monitor document.”

Kingswood Companions, Michael Niegsch and Jim Renna, commented, “We’re excited to proceed investing and creating worth in center market companies. We take pleasure in delivering velocity, certainty, and versatile options to {the marketplace}, in addition to our technique of constructing good firms nice by way of entry to capital, good governance, and the appliance of the precise working sources.”

Lazard acted as unique placement agent for Fund II and Kirkland & Ellis LLP served as authorized counsel.

About Kingswood Capital Administration

Kingswood Capital Administration, L.P. is a personal funding agency primarily targeted on investing in companies in transition. Along with entry to capital, Kingswood brings related business relationships and a broad community of inside and exterior working sources that may strengthen the companies it companions with and improve worth. Kingswood has intensive expertise with advanced transactions the place it supplies tailor-made options that guarantee one of the best consequence for all constituents. For extra data, please consult with the Kingswood web site at

CONTACT: Michael Niegsch, [email protected]

SOURCE Kingswood Capital Administration, LP

Kingswood Capital Administration Closes Fund II at Over 0 Million, Exceeding its Goal and Exhausting Cap