Clarion Capital Partners Closes Oversubscribed $677 Million Fourth Fund; Announces Private Equity Leadership Promotion
Clarion Capital Partners, LLC (“Clarion” or the “Firm”) today announced it has closed its fourth fund, Clarion Investors IV, L.P. (“the Fund”) with $677 million in total capital commitments, exceeding its fundraising target of $600 million, as well as its $650 million soft cap.
- Clarion Capital Partners, LLC (“Clarion” or the “Firm”) today announced it has closed its fourth fund, Clarion Investors IV, L.P. (“the Fund”) with $677 million in total capital commitments, exceeding its fundraising target of $600 million, as well as its $650 million soft cap.
- Additionally, Clarion announced the promotion of David Ragins to President of Private Equity.
- Marc Utay, Founder, will continue to serve as Managing Partner and provide the firm’s strategic vision and leadership.
- Clarion raised the Fund with the help of Paul, Weiss, Rifkind, Wharton, & Garrison LLP as legal counsel.