Dawson Partners, a private equity firm focused on making preferred equity investments in private equity portfolios, today announced a successful final close for Dawson Portfolio Finance 2 at its US$1.0 billion hard cap. This is in excess of its US$800 million target and more than double Dawson’s $400 million PF1.
Dawson’s diversified investor base is comprised of leading insurance companies, public and corporate pension plans, family offices, financial institutions and individual investors.
The success of our PF2 fundraise was driven by strong continued support from our existing investors base combined with the addition of a number of new investors.
We have expanded the Dawson team to enable us to effectively capture the growing market opportunity. The team now consists of 20 professionals and growing.
Our novel, partnership-focused approach has resulted in rapid market adoption and a significant pipeline of opportunities.
Dawson has established itself as a credible counterparty in the growing preferred equity market.
Dawson has continued to focus on building an institutional quality operations department by hiring a team of talented professionals.
Kirkland & Ellis served as legal counsel for Dawson and PF2.
