York Capital Closes Third Special Opportunities Private Equity Fund, at $800M
Summary
Fund III generally employs a conservative approach to leverage, targeting investment returns from growth and achieving management plans. It seeks to take advantage of unique company situations across cycles and sectors and has a target equity investment size of $35–$200 million. York also announced that it has completed its first investment in Fund III, acquiring The Good Feet Store, a manufacturer and franchise retailer of personalized arch supports and related products. Led by Jamie Dinan, CEO and Founder and a member of Fund III’s investment committee, and Zalmie Jacobs, Partner and Head of Private Equity, York Capital Management is a global private investment firm established in 1991. Since York launched its middle-market special opportunities private equity strategy in 2008, it has acquired over 20 businesses and platforms.