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Petra has Final Close on Fund V

Petra has Final Close on Fund V

Petra Capital Partners announces it has completed fundraising on Petra Growth Fund V with $270 million of capital available to invest. The fund was oversubscribed and reached its hard cap. Consistent with prior funds, PGF V will target healthcare, business, and technology-enabled services companies and is structured as a small business investment company licensed by the U.S. Small Business Administration. “We are very pleased with the response from our existing investors and several important new investors for PGF V and the strong support we received from the SBIC program,” said Mike Blackburn, Founding Managing Partner at Petra.

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