Charlotte-based private investment firm Kian Capital has closed its latest fund at an oversubscribed $400 million.
The funds will be used to strengthen its commitment to lower middle-market businesses. Kian said the company exceeded the fund's hard cap, which was not disclosed, due to increased support from its various group of investors. That includes university endowments, fund of funds, financial institutions, family offices and multiple founders of former Kian investments, according to a press…
