Incline Closes Highly Anticipated Ascent II Fund at $500 Million
Funding | Jan 23, 2025 | Incline Equity Partners
Incline Equity Partners has successfully closed its Incline Ascent Fund II, L.P., with a total fundraising amount of $500 million. The fund, which exceeded its initial target by being oversubscribed, is a testament to Incline's strong reputation and its strategic approach in private equity investments. This new fund will enhance the firm's ability to pursue attractive middle-market opportunities, bolster its investment strategy, and support the growth of its portfolio companies. The oversubscription signifies investor confidence in Incline's ability to deliver robust returns and demonstrates the continued appetite for private equity initiatives in the current market.
Sectors
- Private Equity
- Investment Management
Geography
- United States – Incline Equity Partners is based in the United States, and the article discusses activities relevant to the U.S. private equity market.
Industry
- Private Equity – The article focuses on Incline Equity Partners, a private equity firm, and the successful closing of their new fund, illustrating activities within the private equity industry.
- Investment Management – Incline Equity Partners manages investment funds, such as the newly closed Incline Ascent Fund II, indicating their role in the investment management sector.
Financials
- $500 million – Total fundraising amount for the Incline Ascent Fund II, L.P., which was oversubscribed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Incline Equity Partners | Fund Manager | Company | Incline Equity Partners is a private equity firm that manages investment funds and invests in middle-market businesses. |