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Pine Brook Closes $2.43 Billion Fund

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February 14, 2014

The New-York based Pine Brook Road Partners LLC investment firm closed its second fund, Pine Brook Capital Partners II LP, the company said Feb. 14. With total capital commitments of $2.43 billion, the fund exceeded the $2 billion target, the company said. The fund made five investments totaling $300 million, the company noted.

“We are delighted with our success in raising a second fund and are fortunate to have such strong support from the investment community,” said Howard Newman, president and CEO of Pine Brook.

“This achievement validates our distinctive ...

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