Peterson Partners Announces Closing of $120 Million Fund
| May 8, 2008 |  View for printing |
Generally, the companies that Peterson Partners will invest in have more than $10 million in revenues, are profitable and are at an inflection point in their development.
Peterson Partners, a leading Intermountain West investment firm, has announced the closing of Peterson Partners V, an investment fund totaling $120 million in capital commitments.
The fund’s capital commitments include investments from several prominent investors including David Neeleman, founder of JetBlue Airways; Dave Checketts, owner of the Real Salt Lake Major League Soccer team; the Romney Family Investment Fund and the principals of the General Partner.
The $120 million raised for Peterson Partners V is expected to be utilized during the next three to four years and will be used primarily to invest in small-to-medium sized, high growth businesses across a variety of industries.
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