Huron Capital Partners fund exceeds $500 million target #DetroitNews

Annalise Frank - Sixpoint Partners LLC, a New York-based global investment bank, closed Detroit-based Huron Capital Partners LLC's sixth private equity fund at its hard cap, Sixpoint Partners announced Wednesday. The Huron Fund V L.P. closed at $550 million, $50 million over its target. Three months after it opened, the investment vehicle was oversubscribed, with investors including foundations, endowments, public pensions and multimanager funds creating $1 billion in demand. The lower-middle-market Fund V will

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