Blue Wolf Capital Partners LLC, the New York-based private equity firm, announced that it has closed on $540 million in total equity commitments for Blue Wolf Capital Fund IV, L.P. The Fund was oversubscribed and closed at its hard cap. Blue Wolf now manages over $1.2 billion in capital and capital commitments.

Blue Wolf will continue its proven strategy of making control investments in companies that operate in industries it knows well, and that it can assist in transformational initiatives. Blue Wolf focus industries include healthcare, building products, forest products, energy services, and defense and government services. The firm typically makes investments in which resolving complex challenges, often related to leadership transition, corporate carve-outs, operational or financial distress, labor relations or government regulation, is crucial to the success of that company. Blue Wolf is committed to responsible management of environmental, social, and governance factors as an integral part of its investment strategy. The firm works with company leadership to achieve sustainable growth through management of diverse human capital, clear value creation strategies, and financial discipline.

Adam Blumenthal, Managing Partner of Blue Wolf, said, “All of us at Blue Wolf appreciate the support our previous investors have shown by joining us in our new fund and are happy to welcome a select group of new long-term partners. We have a robust pipeline of investment opportunities and look forward to putting this capital to work.”

Blue Wolf Capital Fund III, L.P., which closed in July 2013 at $300 million, has invested in ten platform companies, all in Blue Wolf’s focus industries.