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Brentwood Associates closes latest private equity funds at combined $1.15 billion

Brentwood Associates closed its latest private equity funds at their combined hard cap of $1.15 billion in commitments for Brentwood Associates Private Equity VI and parallel funds, according to a news release.

The funds will make buyout, growth equity and minority recapitalization investments in North American companies with enterprise values of $50 million to $500 million.

Investors in the fund include the $31.6 billion Indiana Public Retirement System, Indianapolis; $15.8 billion Los Angeles City Employees' Retirement System; and $6.7 billion Missouri Local Government Employees Retirement System, Jefferson City.

Matthew M. Whelan, managing director, finance and operations, could not be reached seeking further information.