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Grain Management buys Brazilian ISP Conexao - Developing Telecoms

Grain Management buys Brazilian ISP Conexao - Developing Telecoms
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Grain Management raises $3 75B in investments

News Wire Feed Light Reading 4/6/2021 WASHINGTON, DC – Grain Management ( Grain or the Firm ), a leading private investment firm focused on broadband technology and the global communications sector, announced today the closing of its flagship fund, Grain Communications Opportunity Fund III, L.P. ( GCOF III ), with $2.25 billion in commitments, exceeding its target of $1.5 billion. Grain is also pleased to announce the closing of its third spectrum-focused investment vehicle, Grain Spectrum Holdings III, L.P. ( GSH III and together with GCOF III, the Funds ). GSH III closed quietly on $1.5 billion of commitments in September 2020, exceeding its $1.0 billion target. The Funds attracted excess demand driven by strong, early support from existing limited partners and significant interest from new investors on a global scale.

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