Leeds Equity Partners’ shift in focus to target providers of technology-enabled education products and services may be a boon as the firm tries to raise $1 billion for its seventh fund amid the coronavirus pandemic, Connecticut pension documents show.
The firm has no formal hard cap for the fund, but the documents indicate that it has an upper limit of $1.25 billion to $1.3 billion for its Leeds Equity Partners VII LP fund, through which it plans to invest in lower middle-market companies in the education information services…
