PNC Equity Partners II closes $272M private equity fund

PNC Equity Partners, II, L.P., PNC's second equity fund, held a final close at $272 million with 14 institutional and seven individual investors; it targets middle-market companies with enterprise values of $25M-$125M.

“PNC Equity Partners, II, L.P., is PNC’s second equity fund that had a final close last month at $272 million with 14 institutional and seven individual investors. PNC Equity Partners invests in middle-market companies with enterprise values between $25 million and $125 million and traditionally targets companies that operate in the niche manufacturing, value-added distribution and outsourced service industries.”

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