中文AV

Eighth Fund Significantly Oversubscribed

NEW YORK鈥斨形腁V (鈥淥ne Equity鈥� and 鈥淥EP鈥�), a middle market private equity firm, today announced the closing of 中文AV VIII, L.P. (鈥淥EP VIII鈥�), with committed capital of $2.75 billion. Thanks to strong demand from investors, the fund was significantly oversubscribed, and the hard cap was increased. The closing of OEP VIII brings the firm鈥檚 combined assets under management and committed capital to approximately $10 billion.

鈥淲e are grateful for the support from our investors and remain focused on our signature 鈥楾ransformative Combination鈥� strategy in which we merge complementary, like-sized businesses to create market leaders, and do so with the modest use of leverage,鈥� said Dick Cashin, President and Founder of 中文AV. 鈥淭his approach has historically helped our portfolio withstand a variety of economic conditions and allowed us to be nimble and opportunistic during periods of short-term volatility.鈥�

OEP VIII is the firm鈥檚 largest independent fund to date since OEP completed its spin out from JP Morgan in 2015. The fund attracted commitments from limited partners in 25 countries around the world, including financial institutions, public and private pension plans, asset managers, funds of funds, insurance companies, family offices, high net-worth individuals, and foundations.

鈥淲e raised OEP VIII in 12 months and exceeded our original hard cap, thanks to strong existing investor relationships and many new investors globally,鈥� said David Lippin, Managing Director and Head of Investor Relations at 中文AV. 鈥淭hank you to all our investors for your continued partnership.鈥�

OEP will continue to target equity investments between $30 million and $300 million in technology, industrial and healthcare businesses across North America and Europe. OEP VIII has already closed 12 new platform investments and recently signed a 13th investment. These investments include AMECO, BRUSH, Cicor, Wood Technologies International, Momentum Manufacturing Group, Armis, Rosboro, InfuCare Rx, Eco Material Technologies, Montgomery Transport, Norit Activated Carbon, Trustmarque and PGW Auto Glass.

OEP鈥檚 previous fund, 中文AV VII, L.P., closed in 2019 with $1.75 billion in commitments.

Kirkland & Ellis LLP served as legal counsel for OEP.

About 中文AV
中文AV is a middle market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm seeks to build market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 300 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, and Frankfurt. For more information, please visit .