Business

Pittsburgh private equity firm raises more than $1 billion for fund

By By Patty Tascarella – Senior Reporter, Pittsburgh Business Times

WPXI Incline Equity's Jack Glover Incline Equity's Jack Glover, said the private equity firm looks to build on its track record as it deploys capital from its newly raised fund. INCLINE EQUITY PARTNERS/Pittsburgh Business Times (INCLINE EQUITY PARTNERS/PITTSBURGH BUSINESS TIMES)

By By Patty Tascarella – Senior Reporter, Pittsburgh Business Times

PITTSBURGH — Pittsburgh’s biggest private equity firms has closed on a $1.165 billion fund.

Incline Equity Partners V LP had initially targeted $850 million. It received capital commitments from domestic and international investors, including endowments, foundations, public and corporate pensions and family offices.

Read more in the Pittsburgh Business Times.

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