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"The successful closing of our second fund is an important milestone in the progression of our firm. We are privileged to have significant incumbent investor support, with many large LPs increasing their commitments, and are excited to bring in several new well-respected institutional investors. We believe our diverse investor base of leading institutional investors, endowments, pension funds, commercial banks and distinguished high net worth individuals provides a platform to grow as we look to continue providing growth-oriented capital to leading lower middle-market businesses," said Kevin McCarthy, Co-Founder and Partner of Kian Capital.
"We have found the lower middle-market to be a very attractive place to deploy capital and are excited to continue serving that market with the investments made out of our second fund. Our flexible investment structures allow us to be unique partners for business owners and management teams looking to complete a variety of transactions, including change-of-control and non-change-of-control situations. We desire to bring more than just capital to these situations by forging strategic partnerships with management to help drive growth and create enterprise value," added Rick Cravey, Co-Founder and Partner of Kian Capital.
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