About This Fund
Charlesbank Equity Fund XI is the eleventh flagship private equity fund from Charlesbank Capital Partners, currently in the market with a $4 billion target. Building on the success of its predecessor, Fund X, which closed at $3.75 billion, Fund XI continues the firm's strategy of investing in North American middle-market companies across sectors such as industrials, technology, and healthcare.
The fund aims to acquire control positions in companies with enterprise values ranging from $150 million to $3 billion. Charlesbank seeks businesses with strong free cash flow yields and durable competitive advantages, often engaging in transactions like growth capital investments, carve-outs, and executive-led buyouts.
Charlesbank's investment approach emphasizes rigorous due diligence and operational improvements. The firm leverages its deep sector expertise and a team of approximately 60 investment professionals to identify and grow portfolio companies, aiming to deliver superior returns for its investors.