Periscope Closes $370m Oversubscribed Third Fund

Periscope closes $370m oversubscribed third fund

Chicago-based private equity firm Periscope Equity has held the final close of Periscope Equity III (Fund III) with with aggregate capital commitments of $370m, exceeding its target of $300m in under 12 months from its official launch. Fund III’s investor base comprises both new and returning limited partners, featuring a diverse mix of leading university endowments, pension funds, charitable foundations, consultants, funds-of-funds and family o…

Periscope Equity Closes $370 Million Oversubscribed Third Fund - SuperbCrew

Periscope Equity is a Chicago-based private equity firm specializing in investments in founder-owned, tech-enabled services businesses. Founded in 2012, the firm focuses on providing first-institutional capital to support growth initiatives and operational improvements in its portfolio companies. Since its inception, Periscope has invested in 11 platform companies and completed 28 add-on acquisitions across its funds, emphasizing partnerships wi…