Guardian Capital Partners said Monday that its second fund closed at its hard cap of $153.5 million.  Guardian Capital Partners Fund II LP was oversubscribed and three times larger than its debut fund, which closed at $50 million in January 2010.  Wayne, Pa.-based Guardian Capital target lower middle market companies in sectors such as consumer products, niche manufacturing and specialty business services with EBITDA between $3 million and $9 million.

from PE Hub Blog