Windjammer announced that it has had a successful second closing on its Senior Equity Fund III, L.P. bringing total commitments to $415 million. The firm is confident that it will exceed its target goal of a $500 million during the balance of its fund raising activities. The vast majority of Windjammer's prior investors have collectively increased their commitment to Fund III. Windjammer's partners include a "blue chip" group of investors including some well known corporate pension, state, insurance company and fund-of-fund limited partners. With prior generation funds and portfolios, Windjammer has now crossed the threshold of having more than $1 billion under management.