Portland Private Equity completed the final close of its second institutional private equity fund, Portland Caribbean Fund II, L.P. The Fund secured over USD$200 million in commitments from a cross-section of development finance institutions, regional pension plans, and insurance businesses.
Portland Caribbean Fund II, L.P. is the successor vehicle to Portland’s inaugural institutional vehicle, AIC Caribbean Fund, L.P. The second fund will continue Portland’s opportunistic focus on financial services, telecommunications, energy and renewable energy, and platform service businesses.