NEW YORK, NY – Liberty Hall Capital Partners, a premier private equity firm exclusively targeting the global aerospace and defense industry, has announced the final closing of its first institutional fund, Liberty Hall Capital Partners Fund I, L.P. The fund successfully secured total commitments of $226.5 million, marking a significant milestone for the firm and underscoring strong investor confidence in its focused strategy.
The inaugural fund attracted a diverse and prestigious group of over fifteen institutional investors spanning the United States, Europe, and Asia. This investor base includes leading global asset managers, endowments, pension funds, insurance companies, sovereign wealth funds, fund-of-funds, and family offices. Furthermore, demonstrating a strong alignment of interest, Liberty Hall’s own investment professionals and Operating Advisors also made substantial capital commitments to the Fund.
This successful fundraise elevates Liberty Hall Capital Partners’ total capital under management to $545 million, inclusive of pre-fund investments and co-investment capital. This positions the firm as a significant player dedicated to the aerospace and defense sector.
Rowan Taylor, Founding Partner at Liberty Hall Capital Partners, commented on this achievement: “Since the inception of Liberty Hall, we have diligently pursued a focused and effective investment strategy within the aerospace industry. The successful closing of Fund I is a testament to this approach, and we are deeply grateful for the extraordinary trust our partners have placed in us. The overwhelming support and conviction in our firm, our team, and our specialized strategy is truly humbling.”
Liberty Hall Capital Partners employs a well-defined and repeatable investment strategy, focusing on deploying $50-$150 million in equity capital over time in control buyouts. The firm targets middle market businesses across North America and Europe that serve the global aerospace and defense industry. Since 2005, the principals at Liberty Hall have a proven track record, having spearheaded ten platform acquisitions and eleven add-on acquisitions within the aerospace sector.
Fund I’s portfolio already includes four robust platform investments, showcasing the firm’s investment approach:
- Accurus Aerospace Corporation: A leading Tier II supplier specializing in metallic parts, kits, assemblies, and processing services for the aerospace industry.
- AIM Aerospace Corporation: A prominent designer and producer of advanced composite structures, systems, engine components, and thermoplastic technologies, serving critical aerospace applications.
- Bromford Industries: A key supplier of complex, high-precision engine components, fabrications, and assemblies, essential for aerospace engine manufacturing.
- Dunlop Aircraft Tyres: A globally recognized independent designer, manufacturer, and retreader of aircraft tires, ensuring safety and performance in aviation.
These four platform companies have further expanded their market presence through seven strategic add-on acquisitions under the guidance of Liberty Hall Capital Partners.
Moelis & Co.’s Private Funds Advisory team and CrossBay Capital Partners provided advisory services to Liberty Hall during the fundraise. Schulte Roth & Zabel LLP served as fund counsel.
About Liberty Hall Capital Partners
Liberty Hall Capital Partners is a private equity firm that stands apart with its exclusive focus on investments within the global aerospace and defense industry. The firm’s principals bring over 25 years of collective experience, having invested $2.5 billion in equity capital across various segments of the aerospace and defense market and related industrial sectors. Liberty Hall Capital Partners is committed to developing and executing actionable investment strategies within attractive aerospace and defense segments. They partner with entrepreneurs and management teams to acquire leading businesses and collaboratively develop long-term strategic plans. These plans focus on building businesses through a combination of strategic investments and acquisitions.
For further information about Liberty Hall Capital Partners, please visit: http://www.libertyhallcapital.com/
Disclaimer: This announcement is for informational purposes only and does not constitute an offer to sell or a solicitation to buy securities in any fund or product offered by Liberty Hall or its affiliates.
