Aterian Investment Partners, a New York-based private equity investment firm, has closed fundraising for its fund, Aterian Investment Partners III, LP (Aterian III).
The closing was held in July with more than $350 million of aggregate committed capital. Aterian III received interest from both new and existing investors.
The investor base is comprised of endowments, foundations, family offices, insurance companies, pension plans and fund-of-funds.
With Aterian III, Aterian will continue its focus on investing in proven franchises generating $25 million to $500 million of revenue and providing resources to further enhance operations, growth or investment initiatives.