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Juggernaut Capital Partners closed its third flagship fund on $380 million, surpassing its target by $30 million, the firm told Buyouts. We had a very
Juggernaut Capital Partners closed its third flagship fund on $380 million, surpassing its target by $30 million, the firm told Buyouts. "We had a very positive fundraising effort altogether, " founder and Managing Partner John Shulman told Buyouts. "Clearly, anytime you exceed the target it's a successful pursuit." The firm spent roughly a year marketing Fund III Assume that Juggernaut Fund III has the typical "2 and 20" fee structure. Assume that Juggernaut immediately calls $80 million and invests $50 million in its first investment for Fund III. What is the committed capital for Fund III? What is the contributed capital for Fund III? What is the invested capital for Fund III? Please use definitions as per The Basics of Private Equity Funds article. (Format $123.4 million as 123, i.e. whole numbers only)
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