OpenGate Capital Raises $305 Million for First Institutional Private Equity Fund

PRESS RELEASE: LOS ANGELES–(BUSINESS WIRE)–July 18, 2016– OpenGate Capital, a global private equity firm, announced today that it has reached the final closing of its first institutional private equity vehicle, exceeding its target of $300 million. OpenGate Capital Partners I, LP, and affiliated partnerships, closed on $305 million in total commitments. The firm has already completed four investments in the first half of 2016. It has signed an agreement for a fifth, due to clos