NEW YORK, NY – Mfg Partners (“MFG”), a private equity firm headquartered in New York, specializing in investments within the lower-middle market industrial sector, has announced the successful closing of its first private equity fund, Fund I. The fund, focused on mfg partners within the industrial space, was significantly oversubscribed, reaching its final close with total commitments of $299,180,000. This capital was secured from a diverse group of institutional investors, including university endowments, insurance companies, pension funds, and private foundations, demonstrating strong confidence in the mfg partners approach.
Founded in 2016 by Jeff Mizrahi and Jonathan Schilowitz, mfg partners at MFG bring a wealth of experience to the lower-middle market. Prior to establishing Fund I, the firm operated as an independent sponsor, successfully completing over 20 acquisitions. This track record underscores their deep understanding and expertise in identifying and growing promising industrial businesses.
Jeff Mizrahi, a leading partner at mfg partners, commented on the fundraise success: “We are delighted to have exceeded our fundraising target for our inaugural fund. This substantial capital raise will enable us to further implement our proven strategy and expand our talented team.” The oversubscription of Fund I reflects the strong investor appetite for mfg partners‘ focused investment strategy and operational expertise.
Fund I will continue to execute MFG’s established strategy of investing in family-owned, founder-led, and management-owned businesses across the United States. The firm concentrates on the manufacturing, value-added distribution, and industrial services sectors within the lower-middle market. This targeted approach allows mfg partners to leverage their sector-specific knowledge and operational capabilities to drive growth and value creation in their portfolio companies.
Jonathan Schilowitz, another key partner at mfg partners, added, “We are very pleased that MFG’s consistent focus on our core investment strategy resonated strongly with investors. We are grateful for the significant support from our limited partners.” This investor confidence is a testament to the mfg partners‘ disciplined investment philosophy and their commitment to fostering long-term growth in their portfolio companies.
Kirkland & Ellis LLP provided legal counsel for the fund formation, and M2O Private Fund Advisors acted as the exclusive placement agent. These partnerships highlight the robust institutional framework supporting mfg partners and their operations.
About MFG Partners
MFG Partners, established in 2016 by Jeff Mizrahi and Jonathan Schilowitz, is a New York-based private equity firm. As experienced mfg partners, they are dedicated to making control investments in family-, founder-, and management-owned industrial businesses operating in the lower-middle market. Their mission is to drive sustainable growth over the long term by collaborating closely with company leadership to identify and implement strategic growth opportunities and operational improvements. For further information, please visit: https://mfgpartners.com/.
Media Contacts:
Jeff Mizrahi
[email protected]
Jonathan Schilowitz
[email protected]
SOURCE MFG Partners
