Prudential Capital Partners Raises $1.15B for Fourth Mezzanine Fund

Prudential Capital Partners has raised $1.15 billion for its fourth mezzaninefund, Prudential Capital Partners IV, L.P., exceeding its $1 billion fundraising target and bringing to more than $3.5 billion the amount raised since2000, the company announced today. Prudential Capital Partners is themiddle-market mezzanine fund business sponsored by Prudential Capital Group, aprivate fixed-income investment business of Prudential Financial, Inc.(NYSE: PRU).Investors include public and corporate pension funds, insurance companies,fund-of-funds managers, foundations, and family offices. In addition to elevennew investors committing to the new fund, more than 70 percent of existinginvestors re-committed in Fund IV.