NEW YORK, June 30, 1999 – Sentinel Capital Partners is today announced the final closing of Sentinel Capital Partners II, L.P., its second private equity fund. Major institutional investors include Travelers, Fleet Financial, Pacific Corporate Group, Mayo Foundation, Chase Manhattan Bank, Prudential, Kemper, Mass Mutual, Heller Financial, PNC Bank, HSBC Group, University of Wisconsin, and Provident Financial Group. Several high net worth families also invested in Sentinel.
Sentinel’s investors are sophisticated direct equity and fund investors who can also participate in transactions with Sentinel in various layers of the capital structure. Sentinel believes the association with these investors brings important strategic advantages.