Thompson Street Capital Partners, a private equity firm based in Clayton, closed on a $1.15 billion fund, which will be one of the largest investment vehicles ever in the St. Louis region.
The fund, which Thompson Street began raising in May, is the firm’s fifth since its founding in 2000. Its original targeted worth was $850 million.
The firm will seek to invest anywhere from $25 million to $150 million per deal, primarily in health care and life science services, business services and engineered products, and software and technology services.
While its current location is on South Central Avenue in Clayton, Thompson Street Capital Partners is expected to lease a space in Centene’s $770 million expansion project.
Read more: St. Louis Post-Dispatch