Enlightenment Capital is raising $125 million for a second fund.
The new vehicle is named Enlightenment Capital Solutions Fund II, according to regulatory filings. It comes a little more than a year after Enlightenment’s $80 million debut pool.
To date, Chevy Chase, MD-based Enlightenment has focused on investments in senior debt, mezzanine debt and minority equity primarily in the aerospace, defense and government services industries.
The new fund will range from $5 million to $25 million per deal, according to media reports. The company’s first fund has executed thirteen transactions, according to media reports.