CID Capital Announces Oversubscribed Fund IV | PR Newswire [Video]

Cory Heck and Eric Derheimer to Become Co-Managing Partners in 2025

, /PRNewswire/ — CID Capital, an Indianapolis-based private equity firm focused on the lower middle market, is pleased to announce the closing of its fourth buyout fund (“Fund IV“). Fund IV had a first and final close at the hard cap of $250 million, finishing well above the $200 million target. The investor base for Fund IV generally consists of institutional fund-of-funds, insurance companies, RIAs, endowments and family offices.

“We are incredibly grateful and humbled by our long-term investor relationships and are equally excited by the new investors that placed their trust in us with Fund IV,” said Cory Heck, a CID partner who led the fundraise.

“The entire CID Capital team is thankful for the commitment and support of our investor base. We are excited to have quickly concluded fundraising and resumed our efforts identifying compelling investment opportunities …