|Chicago, IL - LaSalle Capital Group held a final closing on its second
fund (Fund II) at $205 million in commitments, substantially exceeding its
initial target of $150 million. Fund II is the successor to LaSalle Capital
Group’s inaugural $125 million Fund I closed in 2005.
Fund II will continue to pursue the same strategy as Fund I, making control
equity investments in lower-middle market companies across the United
States, with a focus on the food & beverage, outsourced business services
and value-added distribution/manufacturing sectors. Target companies are
typically family and/or entrepreneurially owned and have less than $75 million
in annual revenue.
Fund II commitments include significant institutional investments from pension
funds, foundations, financial institutions and investment managers.