Greenbriar fund raises $1 billion
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- June
- 27
Greenbriar Equity Group LLC, a Rye-based private-equity firm focused on investments in transportation companies, announced that it is pleased with investor response to its Greenbriar Equity Fund II LP. The fund, which had an initial target of raising $750 million from investors, reported that it has commitments of $1 billion. The investors include endowments, foundations and pension funds.
“We intend to continue our strategy of investing in transportation companies exhibiting strong growth potential, superior management, solid financial performance, sustainable competitive advantage and ability to capitalize on favorable secular trends,� Managing Partner Joel Beckman said in a written statement.
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on Wednesday, June 27th, 2007 at 6:38 pm by Jay Loomis.
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