Paceline Equity Partners, LLC, a Dallas, TX-based private equity manager, closed Paceline Equity Partners Opportunity Fund II, at $780m.
The Fund’s investor base is comprised of global institutions, including public pension plans, sovereign wealth funds, endowments and foundations, insurance companies and family offices.
To date, Paceline has raised nearly $1.5 billion in equity commitments between Funds I and II, and affiliated co-investment vehicles.
Fund II builds on Paceline’s track record executing an opportunistic, value-oriented, and special situations investment strategy across asset classes, including corporate debt, private equity, and real asset opportunities in North America. To date, Fund II has completed five investments across these disciplines.
Led by Sam Loughlin, Chief Executive Officer, and Leigh Sansone, Chief Investment Officer, Paceline is a private equity manager focused on value-oriented, opportunistic, and special situations investments across corporate credit, real assets, and private equity. Since inception, the firm has built a diversified portfolio of current investments through 21 acquisitions, including several bolt-on opportunities, and deploying over $1.9 billion in total transaction value.
