USA – Turning Rock Partners, a New York-based private investment firm, closed its second fund with commitments of approximately $475M.
The fund received support from new and existing investors, including notable public and corporate pension plans, banks, insurance companies, global asset managers, foundations, and large family offices.Led by Partner and Chief Operating Officer (COO) Saba Ahmad, Turning Rock has been active in the marketplace with investments across a diversified portfolio of structured debt, equity, and hybrid investments targeting North American small and mid-capitalization businesses.The firm has raised over $900M of committed capital to date. 03/08/2022