Key Takeaways
- • Taurus Private Markets, a Malvern, Pennsylvania private equity firm, announced the final close of Taurus Private Markets Fund III, LP on October 8, 2026, with over $300 million (reported as $301 million) in capital commitments.
- • The fund initially targeted $225 million, meaning it closed above its original goal and was described by the firm as oversubscribed.
- • The investor base includes public pension plans, Taft-Hartley plans, and family offices, according to the firm's press release.
- • The fund follows a fund-of-funds strategy, investing in value-oriented, lower middle market leveraged buyout and private credit partnerships (target fund sizes below $1.25 billion) and blue-chip venture capital partnerships (target fund sizes below $750 million), complemented by co-investments and secondaries.
- • Co-founders Kevin Campbell and Eric Wilcomes described the fundraising environment as "formidable" and said the firm's investment strategy remains unchanged.
Summary
The fund received commitments from a diverse base of institutional and private investors, including public pension plans, Taft-Hartley plans, and family offices. Kevin Campbell, Co-Founder and Managing General Partner, said the reception from the institutional investor community was strong "in a formidable fundraising environment," adding that the firm is pleased to begin a new partnership with a broad group of investors.
Taurus Private Markets, LLC was formed in 2018 by Campbell and Eric Wilcomes, who is also a Co-Founder and Managing General Partner. The firm pursues a fund-of-funds strategy, allocating to value-oriented, lower middle market leveraged buyout and private credit partnerships with target fund sizes below $1.25 billion, and to blue-chip venture capital partnerships with target fund sizes below $750 million. The strategy is supplemented by co-investments in privately held companies and secondary transactions. Wilcomes said that although private markets have evolved significantly, the firm's investment approach is unchanged and its disciplined portfolio construction should continue to deliver meaningful returns.
The firm's prior fund, Taurus Private Markets Fund II, was reported in earlier coverage as closing with over $211 million against an initial $150 million target. Fund III is the firm's third fund, per trade coverage.
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