Stripes Group Closes Fund III at $500 Million - Meeting Target and Hard-Cap
Sep 3, 2014 at 12:00am
Stripes Group ("Stripes") announced that it closed its third institutional fund vehicle, SG Growth Partners III, L.P. ("Fund III"), with $500 million of commitments from institutional investors reaching both its target and hard-cap. With the close of Fund III, Stripes' total assets under management are approximately $1.2 billion. Stripes' investors are primarily university endowments, foundations and financial institutions.