Frontier Capital Announces $700 Million Fund V
Frontier Capital is happy to announce the close of its significantly oversubscribed $700 million Frontier Fund V. This is the fourth consecutive oversubscribed fund raised by Frontier and brings the total capital commitments received since Frontier’s inception in 1999 to $1.5 billion.
The announcement marks the successful conclusion of a six-month fundraising effort launched in May 2017 with an initial target of $500 million. The capital raise reflects strong demand from both new investors and investors in existing Frontier funds. Frontier Fund V has the ability to invest $15 million to $75 million per position.
“Frontier is extremely pleased at the response to Fund V and we appreciate the trust and confidence that our limited partners have placed in Frontier and its ability to drive growth and create enterprise value for the companies we partner with,” said Richard Maclean, managing partner at Frontier Capital. “We have added a number of prominent institutional investors to our already strong institutional investor base, many of whom have been with us since our start.”
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