Reuters PE Hub Reporter Iris Dorbian ran an article on the new funding.
“Carrick Capital Partners has closed its second growth equity fund at $275 million. The target was not named. The pool’s limited partners included university endowments, foundations, fund of funds, pension plans and family offices. As in the case of its previous fund, Carrick Capital Partners II will focus on backing companies in the tech-enabled business service sector, such as transaction processing and software-as-a-service. The fundraising news comes two months after Carrick named former Senate majority leader William Frist as a special advisor.”