Peter Martenson, partner with placement agency Eaton Partners, said West Coast firms took longer to pick up their fundraising pace after the financial crisis, but they’ve been hitting stride in the past couple of years.
“A number of firms had more to work out with their portfolios before coming back to market,” Martenson said. “It’s taken longer for the economy to come back here. There’ve been some barnburners like Marlin Equity tripling the size of their funds, Leonard Green & Partners, JMI Equity. The guys that have performed draw the capital pretty quickly.”
The article can be found on the Buyouts Magazine website.Back to News