Forum Capital Partners is delighted to congratulate Silver Oak Services Partners ("Silver Oak") on successfully completing the fundraising for Silver Oak Services Partners Fund III, L.P. ("Fund III"), with total commitments at the hard cap of $335 million.
Forum is proud to have partnered with Silver Oak for many years serving as strategic advisor and placement agent for Silver Oak Services Partners Funds II and III. Fund III received strong support from both existing and new investors including leading corporate pension plans, funds of funds, insurance companies, endowments and foundations, public pension funds and family offices.
"We are gratified by the strong market reception to Fund III, which swiftly cleared the market and exceeded its target in three months," said Robert Schwabe, Managing Partner of Forum Capital. "The successful and efficient fundraising is directly attributable to the strength and experience of Silver Oak's team and differentiated investment approach."
Silver Oak will continue to execute its disciplined investment strategy focused exclusively on control investments in targeted sectors of the business, consumer, and healthcare services industries in the United States. Silver Oak's unique approach is characterized by a proactive, research-led investment process to identify attractive services sectors and related actionable investment opportunities that will benefit from Silver Oak's industry expertise, relationships and disciplined value creation methodology.
Forum Capital Partners, through its SEC-registered broker-dealer, Forum Capital Securities LLC, serves as strategic advisor and placement agent to select private equity and real assets managers seeking to raise institutional capital. Founded in 2001 by Jeffrey Stern and Robert Schwabe, Forum has raised more than $11 billion of institutional capital for buyout, growth equity, real estate, infrastructure, natural resources and direct private equity transactions.
Founded in 2005, Silver Oak Services Partners is a lower-middle market private equity firm focused on partnering with exceptional management teams to build industry leading business, consumer and healthcare services companies. Silver Oak utilizes a proactive, research-led investment process to identify attractive services sectors and seek out the best potential management teams and investment opportunities. Silver Oak brings extensive services industry expertise and relationships to its investments and works closely with their management teams to drive long-term value creation. Silver Oak's principals have a long history of services private equity investing and have demonstrated an ability to navigate through varying economic and market conditions.