Kensington Capital Partners Ltd. today announced two commitments by the Kensington Global Private Equity Fund.
The fund has committed US$3 million to Trivest Fund IV, L.P. Trivest, based in Coral Gables, Florida, is a leading middle market private equity firm that focuses on acquiring well-run founder/family owned businesses located in the United States and Canada.
Separately, the fund has invested US$665,352 in Clear Channel Communications. Clear Channel Communications, Inc. is a global media and entertainment company specializing in mobile and on-demand entertainment and information services for local communities and premiere opportunities for advertisers. Based in San Antonio, Texas, the company’s businesses include radio and outdoor displays.
Kensington Global Private Equity Fund offers individual investors a diversified portfolio of world-class private equity investments, including hard-to-access private equity funds and direct investments in private companies.
With offices in Toronto and Montreal, Kensington Partners is Canada’s leading independent private equity fund investor. To date, Kensington has received commitments of over $385 million for private equity investments through its fund-of-funds and direct co-investment programs.
Kensington Global Private Equity Fund invests in Trivest IV, Clear Channel
- By: IE Staff
- August 6, 2008 August 6, 2008
- 09:40