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New State Closes New Fund
- New State Capital Partners has closed its fourth fund, New State Capital Partners Fund IV LP, with $700 million in capital.
- The fund was oversubscribed and raised in less than six months.
- The firm focuses on investing in businesses in the business, financial, professional, and industrial services sectors.
- With the close of Fund IV, New State has now raised more than $1.8 billion in total capital.
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