CHARTERHOUSE CLOSES $291 MILLION INVESTMENT FUND; LBO FUND BACKS BUSINESS PARTNERS WITH PRIVATE CAPITAL TO BUILD MIDDLE MARKET COMPANIES

PR Newswire | July 25, 1994 | Copyright
 
    NEW YORK, July 25 /PRNewswire/ -- Charterhouse Group International, Inc. today announced that it had successfully generated $291 million for its buyout and investment fund, Charterhouse Equity Partners II, L.P., and that it had closed the fund to investors.  With the capital available under the fund, Charterhouse plans to continue its strategy of investing in partnerships with experienced business managers and entrepreneurs to build long-term operational growth.  This new capital brings Charterhouse's total funds under management to more than $550 million. 
    Merril M. Halpern, ...

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