Capital: Mountain Capital raises $20m for Escondido CIV

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[Context: Mountain Capital, founded by Apollo alum Sam Oh, is backing Escondido CIV, according to a February 1 SEC filing. The entity raised $20m from 6 investors as part of a business combination transaction. At the IPAA Private Capital Conference in Houston on January 26, Oh stated during a presentation that Mountain Capital has 6-8 investments and likes “complicated situations.” The PE firm is focused on the lower end of the deal spectrum, he said.]

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