3 April 2012 – Searchlight has closed fund-raising for Searchlight Capital L.P. and its affiliates with total committed capital of over $860 million. Searchlight invests in both equity and debt and works in partnership with company management by providing patient, long-term capital as well as strategic and operational support to enhance value creation for all stakeholders. Searchlight’s investment capabilities extend across a wide range of industry and geographic areas, with a particular strength in investing in complex situations.
Searchlight completed its first investment earlier this year when it acquired a controlling stake in Hunter Boot Ltd. The firm has a seasoned, cohesive team of investment professionals working out of offices in London, New York and Toronto.
Erol Uzumeri, co-founder of Searchlight, said: “We thank our investors for their trust and support and look forward to making attractive investments across North America and Europe."
Searchlight Capital Partners is a private investment firm operating in North America and Europe. Searchlight was founded in 2010 by Erol Uzumeri, Oliver Haarmann and Eric Zinterhofer.
Searchlight Capital Partners UK, LLP is registered with the Financial Services Authority (FSA) for its activities in the UK and EU. Further information about the company is available on the Searchlight Capital website at www.searchlightcap.com.