Private equity investment firm, Saothair Capital Partners, based in Randor, PA, USA, has announced the successful closure of its inaugural fund, Saothair Fund I, L.P., securing a total of $125 million. The fund received capital commitments from various limited partners, including college and university endowments, single- and multi-family offices, and outsourced CIOs. Led by Co-Founders Kevin Madden and Richard Lozyniak, Saothair Capital Partners specializes in making controlling equity investments in lower middle-market manufacturing and industrial businesses that may be facing financial or operational challenges, with a focus on industries such as paper & packaging, plastics, metals processing, automotive or heavy truck, building products, healthcare-related products, food & beverage, and other niche manufacturing.