ACON Investments has successfully raised about $700 million for its new continuation fund. The fundraising is in connection with the partial sale of ACON's stake in the New Era Fiber optic company. The continuation fund will allow ACON to increase its stake in the company and continue to provide support for its growth.
The New Era Fiber optic company is a leading manufacturer of fiber optic cables that are used for high-speed data transmission. The company has experienced significant growth in recent years, and ACON has been instrumental in supporting that growth. The continuation fund will allow ACON to continue to support the company's growth and capitalize on its success.
ACON Investments has a strong track record of investing in companies that are poised for growth. The firm has a diverse portfolio of investments, including companies in the energy, healthcare, and technology sectors. ACON's investments have helped to create jobs and drive economic growth in communities across the United States.
ACON Investments has a team of experienced investment professionals who work closely with their portfolio companies to help them achieve their growth objectives. The firm takes a hands-on approach to investing, working closely with management teams to identify opportunities for growth and providing the resources needed to capitalize on those opportunities.
ACON Investments is committed to responsible investing and has a strong track record of environmental, social, and governance (ESG) investing. The firm is dedicated to creating value for its investors while also making a positive impact on the communities in which it operates.
ACON Investments has a global presence, with offices in Washington D.C., Los Angeles, Sao Paulo, and Mexico City. The firm has a strong network of partners and advisors around the world, which allows it to identify investment opportunities and provide support to its portfolio companies on a global scale.
ACON Investments has received numerous awards and accolades for its investment strategy and performance. The firm has been recognized by industry publications such as Private Equity International and Buyouts as one of the top private equity firms in the world.