Twin Bridge Capital Partners Closes Pacific Street Fund VI at More Than $855 Million, Exceeding Target

Twin Bridge Capital Partners, a Chicago-based private equity firm focused on buyout investments in the North American small and lower middle market, has announced the close of Pacific Street Fund VI, L.P. (“Fund VI”) with more than $855 million in capital commitments. The fund was oversubscribed and exceeded its $800 million target, reflecting continued strong institutional demand for Twin Bridge’s highly focused lower middle market strategy. With this closing, Twin Bridge has now raised over $5.4 billion in capital since its founding in 2005.

A Diversified and Growing LP Base

Fund VI received commitments from both existing and new investors, including a diversified group of first-time limited partners comprising endowments, foundations, insurance companies, and family offices. The addition of a meaningful group of new institutional LPs alongside the firm’s existing investor base reflects growing recognition of the structural advantages of the lower middle market as a private equity segment.

Strategy and Investment Focus

Fund VI will continue to invest in top-performing lower middle market buyout funds targeting greater than $750 million in investor commitments, in addition to co-investments alongside fund sponsors. Similar to prior Pacific Street series funds, Fund VI will allocate between $25–$35 million for fund investments and between $10–$20 million for co-investments. The fund will be well diversified by vintage, investment type, sector and industry, and geography — maintaining the multi-dimensional diversification approach that has defined the Pacific Street series.

Pat Lanigan, Partner at Twin Bridge, described more than two decades of singular focus on the North American lower middle market — a segment the firm believes remains the most consistent and compelling in private equity. He highlighted that as larger funds continue to move upmarket, Twin Bridge sees increasing opportunity to access high-quality companies generally in the $150 million to $500 million enterprise value range, where the firm has deep relationships and differentiated insight.

A Platform Built Over Two Decades

Twin Bridge has raised over $5.4 billion in capital and has invested in approximately 150 funds and over 130 co-investments since the firm’s inception in 2005. The firm has committed more than $3 billion to over 70 fund sponsors, deployed over $1.4 billion in direct equity co-investments, and invested over $100 million across 16 continuation vehicles — building one of the most comprehensive track records in lower middle market fund-of-funds investing.

Lanigan described the highly focused lower middle market strategy as offering investors access to top-tier sponsors and opportunities that are often difficult to source independently, delivering strong performance with lower overall fees and enhanced diversification — a compelling value proposition for institutional allocators navigating a more selective and competitive private markets environment.

About Twin Bridge Capital Partners

Twin Bridge Capital Partners is a Chicago-based private equity firm with deep experience investing in the North American small and lower middle market buyout industry. The firm seeks to invest in leveraged buyout funds and equity co-investments across multiple industries. Twin Bridge has raised more than $5.4 billion in capital since its founding in 2005, with a portfolio spanning approximately 150 funds, over 130 co-investments, and more than $1.4 billion in direct equity co-investments deployed.