Avante Capital beats target, raises $450m

Firm headed by women raised its hard-cap from $400m due to investor demand.

Avante Capital Partners, a private credit and structured equity firm founded 13 years ago, has completed the close of its third mid-market fund, Avante Capital Partners SBIC III, LP; and Avante Capital Partners SBIC III-A, LP (collectively Fund III).

Ivelisse Simon, managing partner, told Private Debt Investor that the target was $300 million with a hard-cap of $400 million.