Omega Capital, a Tulsa, Oklahoma-based private equity firm, announced the first closing of Omega Capital Fund II, LP.
The closing consisted entirely of returning Fund I investors.
Led by Jason Martin, founder and president, Omega Capital is focused on investing in closely held lower-middle market companies.
The strategy for Fund II will largely follow that of Fund I. The firm seeks to invest $3m to $10m in growth equity or buyout transactions in Oklahoma and surrounding states in a broad range of industries, from healthcare to outdoor products to aviation.
Frederic Dorwart, Lawyers PLLC served as fund counsel to the firm.