Warren Equity Partners LLC, or Warren Equity Partners Manager LP, closed Warren Equity Partners Fund II LP and Warren Equity Partners Fund II-A LP at its hard cap of $310 million.

The oversubscribed fund was backed by new and existing investors, including university endowments, pension funds, funds of funds, private foundations and family offices.

The Jacksonville Beach, Fla.-based private equity firm invests in North American middle-market companies in the industrial, infrastructure and business services sectors.

Eaton Partners was the exclusive placement agent for the fund. Kirkland & Ellis LLP was the legal adviser.