MidOcean closes $300 million continuation vehicle for Cloyes
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MidOcean Announces Successful Close of Single-Asset Continuation Vehicle for Cloyes
May 4, 2026 9:30 AM EDTNEW YORK--(BUSINESS WIRE)-- MidOcean Partners ("MidOcean"), a premier New York-based alternative asset manager specializing in middle-market private equity, alternative credit, and structured equity, today announced the closing of a single-asset continuation vehicle for Cloyes Gear and Products, Inc. ("Cloyes" or the "Company"), the North American leader and global designer, developer, manufacturer, and distributor of mission-critical timing drive systems and components for the automotive aftermarket. The continuation vehicle secured approximately $300 million in commitments, with funds managed by Hamilton Lane (Nasdaq: HLNE) serving as sole lead investor.
In connection with the continuation vehicle,... More
