GREENWICH, Conn., Dec. 3, 2013 /PRNewswire/ --Mill Road Capital Management LLC ("Mill Road") is pleased to announce the final closing of its second fund, Mill Road Capital II, L.P. ("Fund II"), with approximately $420 million of capital commitments, an increase of nearly 70% from the firm's debut fund. Fund II will continue the firm's investment strategy of investing in and building long-term relationships with North American publicly traded micro-cap companies. The limited partners in Fund II include a diverse group of endowments, foundations, corporate and public pension funds, family offices, and asset managers from around the globe.
"We are very pleased by the strong support of our existing investors from our first fund and feel fortunate that we were also able to add a significant number of new, high quality institutional and private investors in Fund II," commentedThomas E. Lynch, Mill Road's Senior Managing Director. "The successful fundraise is a clear endorsement of our differentiated investment strategy of exclusively focusing on investing in small public companies and improving their operations."
About Mill Road Capital
Mill Road Capital is an investment firm that invests exclusively in small public companies in North America. The firm has flexible capital with the ability to purchase shares in the open market, buy large block positions from existing shareholders, provide capital for growth or acquisition opportunities, or execute going-private transactions. Mill Road is located in Greenwich, Connecticut.
Further information is available atwww.millroadcapital.com.
SOURCE Mill Road Capital Management LLC