Lower-middle-market investor Hidden Harbor Capital Partners LLC has obtained $254.5 million for Hidden Harbor Capital Partners I LP against its target of $265.0 million.

Forty-five investors have committed capital to the private equity fund.

Hidden Harbor invests in North American companies in the industrials, business services, transportation and logistics, distribution, consumer, chemicals, materials, food and beverage, plastics, papers and packaging, automotive, infrastructure and building products industries.