Godspeed Capital Management has successfully closed its third fund, raising $675 million, targeting the defense and government sectors. Since its inception in 2021, the firm has accumulated over $1.1 billion in capital commitments across all funds. Fund III was raised in less than two months and has attracted a diverse group of limited partners, including endowments, foundations, and public pension plans. Douglas T. Lake, Jr., the firm’s founder, expressed gratitude for the support from investors, highlighting their confidence in Godspeed’s investment strategy. Lazard acted as placement agent, while Davis Polk & Wardwell LLP provided legal advice for the fund.