Levine Leichtman Closes $2.5B Fund

Beverly Hills-based Levine Leichtman Capital Partners has closed Levine Leichtman Capital Partners Fund VI, a $2.5 billion fund. The target size for the fund was $2.2 billion. It has already closed on four investments worth $552 million. These investments were in three portfolio companies and one add-on acquisition including Capsa Healthcare, a provider of workflow efficiency products, and Law Business Research Ltd., a subscription-based legal information provider. Levine Leichtman Capital Partners expects to invest in 12 to 14 portfolio companies in the next four years.