Providence Strategic Growth closes first fund with $315M of equity commitments

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PROVIDENCE STRATEGIC Growth Capital, an affiliate of Providence Equity Partners LLC, has closed its first fund with $315 million of equity commitments.
PROVIDENCE STRATEGIC Growth Capital, an affiliate of Providence Equity Partners LLC, has closed its first fund with $315 million of equity commitments.
(Updated 1:06 p.m.) PROVIDENCE – Providence Strategic Growth Capital, an affiliate of Providence Equity Partners LLC, has closed its first fund with $315 million of equity commitments. According to a news release, the fund was oversubscribed and exceeded its target of $250 million. The fund received commitments from many Providence investors, including corporate pensions, family…

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