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HRCo completes first closing of Hamilton Robinson LLC Fund II and hires Phillip Cagnassola as CFO
Stamford, Connecticut - June 22, 2001 -
Hamilton Robinson LLC (HRCo) announces the initial closing of its newest private equity fund with total committed capital of nearly $70 million
from an outstanding list of institutional, individual and family office investors.
Fund II will invest in smaller companies in mature industries undergoing fundamental change,
particularly in the areas of business services and applications, industrial processes and
engineered products, and energy/utility services, equipment and applications.
In addition to closing the fund over the last month, we have:
- completed our SBA licensing process and await approval of our license from the SBA,
- signed a letter of intent to purchase Dexter Magnetic Technologies, Inc., and
- added Mr. Phillip Cagnassola as CFO.
We are committed to a sound strategy of growth capital and acquisitions of smaller middle-market
companies. We further believe this market segment will provide exceptional investment opportunities
and returns over the coming years, particularly within the framework of an SBIC. Our structure encourages
significant opportunities for co-investments and involvement by our partners.
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