Credibly Investor Flexpoint Ford Announces Closing of Flexpoint Fund III and Flexpoint Special Assets Fund
Flexpoint Ford, LLC a private equity investment firm specializing in the financial services and healthcare industries, announced today the first and final closing of its third private equity fund, Flexpoint Fund III, L.P. (“Fund III”) at $950 million, along with a new investment vehicle, Flexpoint Special Assets Fund, L.P. (“Special Assets Fund”) at $317 million. The initial targets for the funds were $750 million and $250 million, respectively.
Fund III plans to invest in minority and majority equity stakes in financial services and healthcare companies, utilizing Flexpoint Ford’s demonstrated proprietary sourcing and operating capabilities. The Special Assets Fund will further leverage Flexpoint Ford’s existing financial services expertise by investing in financial assets such as loans, leases, books of insurance and other assets associated with financial services companies.