Keystone National Group, LLC (“Keystone”) is pleased to announce the closing of Keystone Private Equity, L.P. (the “Fund”) with approximately $75 million in capital commitments. The Fund is a diversified investment vehicle providing access for over 35 affluent families, C-level executives and foundations to many of the nation’s top private equity funds. The Fund has already made commitments to several prominent fund managers and has a large allocation to small and lower-middle market buyout funds.
“Lower purchase price multiples, less competition for deals, and operational improvement opportunities in small companies make small buyout an especially attractive investment area within the broader private equity markets,” states Brandon Nielson, Managing Partner and co-founder of Keystone. The Fund has already made several commitments to small and lower-middle market funds and expects to make additional commitments to the sector in 2008.
Keystone was formed in 2006 with the merger of Regional Investment Partners, a Dallas-based firm specializing in due diligence and research on small and lower-middle market buyout funds, and the private equity investment activities of Messrs. Barry Smith and John Earl. Mr. Smith has served as Chairman or director of multiple publicly-traded companies and served as CEO of two private equity-backed companies. Mr. Earl was formerly a senior investment banker at Lehman Brothers.
Keystone National Group, LLC
4800 North Scottsdale Rd., Suite 2400
Scottsdale, AZ 85251
www.keystonenational.net
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