Last Updated on October 19, 2020 by admin
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Pure Capital, an Arkansas-based non-public funding agency, introduced the closure of the Pure Capital Fund I, LP with mixed commitments of $41.25 million. The Fund’s investor base is comprised fully of Arkansans.
“We’re very appreciative of the help from our buyers and honored to companion with nice Arkansas households,” Brad Henry, managing companion of Pure Capital, stated in an announcement. “(D)uring the subsequent three years, we anticipate to make important investments that match our diversified funding technique and have a optimistic affect on the regional neighborhood.”
The fund and its companions anticipate investing $three million to $15 million in every funding enterprise, with the first technique to put money into the next particular focus areas:
• Actual Property – medical workplace, inexpensive housing, and warehouse/industrial;
• Decrease Center-Market Non-public Fairness – cash-flow optimistic firms within the tech-enabled companies and industrial markets; and
• Non-public Funding Funds – funds which might be usually targeted on the Heartland area and that present additional diversification to Pure Capital’s direct funding technique.
Up to now, Pure Capital’s investments are the The Physician’s Constructing in Little Rock, and Recurring Capital Companions in Austin, Texas.
Pure Capital is led by Managing Associate Brad Henry and companions Todd Simmons, CEO of Simmons Meals; Marshall Saviers, president of Cushman & Wakefield | Sage Companions; and Brock Gearhart, president and CEO of Greenwood Gearhart.
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