Karmel Capital Raises ~$170 Million for New AI Focused Strategy

2026-02-12 - 20:45

SAN DIEGO -- Karmel Capital Management LLC (“Karmel”), is pleased to announce the successful final close of its newest opportunity fund and related vehicles, which collectively raised approximately $170 million of total capital commitments, marking Karmel's largest fundraise to date. The fund and related vehicles received support from both existing limited partners and new investor relationships globally, including well-respected endowments and family offices. The fund and related vehicles have already deployed 52% of the commitments in leading AI Infrastructure and related software applications in the US and abroad. Read More