The private equity firm’s most recent high-profile action in the market was its sale of BlueHalo to AeroVironment. Arlington Capital Partners, one of the government market’s most active private equity firms, has collected $6 billion in capital for its newest fund for investing in companies across the federal and highly-regulated sectors.
The firm said Thursday it set $4.75 billion as the original target for its seventh fund, which closed at an amount 57% higher than the sixth fund from 2023. By comparison, Arlington Capital fetched $1.7 billion from investors for its fifth fund from 2019.
GRVTY, Integrated Data Services, Systems Planning & Analysis and Tyto Athene are among Arlington Capital’s current holdings in the federal technology landscape. Arlington Capital’s most recent high-profile action came in the form of an exit, when the firm sold BlueHalo to AeroVironment in May for $4.1 billion.
Fund VII’s key areas of focus will include manufacturing and supply chain onshoring, software, defense technology, cybersecurity, commercial aviation, medical devices, life sciences, and health care technology.
Arlington Capital’s base of investors for Fund VII includes pensions, asset managers, insurers, endowments, foundations and other institutions exclusively based in the U.S. and certain allied countries.
Evercore acted as Arlington’s exclusive global placement agent and Simpson Thacher & Bartlett LLP was fund counsel.
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