Fortissimo Capital Closes Fifth Fund With $650 Million
In its 15 years of operation, Fortissimo has raised a total of $1.6 billion in commitments
Israel-based private equity firm Fortissimo Capital announced Tuesday the closing of its fifth fund with commitments of $650 million. Investors in the fund include large institutional investors from the U.S., Europe, and Israel. The new fund will invest in mature technology and industrial companies.
In its 15 years of operation, Fortissimo has raised a total of $1.6 billion in commitments, according to company statements. Fortissimo’s first fund was announced in April 2004 and raised $80 million in commitments. The firm’s fourth fund closed with commitments of $472 million in 2015.