Mosaic Capital Partners, LLC has announced the closing of its second fund with $205 million of total capital (including leverage). This is Mosaic’s 2nd Small Business Investment Company fund and will continue its exclusive focus on bringing broad-based employee ownership to exceptional lower middle market companies.

The successful close marks a significant milestone for Mosaic, demonstrating strong investor confidence in the firm’s employee ownership strategy and management team.  The Fund received robust interest from a diverse investor base, including impact investors, institutional investors, commercial banks, and high net worth individuals, resulting in more than a 100% increase in private LP capital over Mosaic’s first fund.

Read full press release here.