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Lucky Number Seven: LLCP Closes Newest Fund at $3.6 Billion

  • Levine Leichtman Capital Partners (LLCP) has closed LLCP Fund VII LP above its target with over $3.6 billion in capital commitments.
  • LLCP Fund VII saw strong participation from existing limited partners and new institutional investors and is nearly 1.5 times larger than its predecessor fund from 2018.
  • LLCP has actively returned cash to its limited partners over the past three years, with more than $4.6 billion in exits from Fund VI, including several notable sales like Encore Fire Protection and Tropical Smoothie Café.
  • LLCP's Fund VII has already closed three platform investments and expects to close a fourth soon, demonstrating the firm's ability to source attractive investment opportunities and build successful companies.

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