Transom Capital Announces Closing of Over $750 Million in Total Capital Commitments

LOS ANGELES, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Transom Capital Group ("Transom"), a private equity firm focused on operational improvements in the middle market, today announced the final close of Transom Capital Fund IV at $675 million in capital commitments, more than double the size of its previous fund and exceeding its target and initial hard cap. Investors in Fund IV include endowments and foundations, corporate and public pension plans, insurance companies, funds-of-funds, and family offices. Transom also announced the closing of an additional $79.5 million in co-investor capital commitments.

Russ Roenick, Co-Founder and Managing Partner, commented, "The oversubscribed closing of Fund IV marks a significant milestone for Transom and we believe is reflective of our 16-year track record and dedication ...