Private Equity

We invest in middle and lower middle market private equity funds that are difficult for investors to identify, diligence, and/or access.  We pursue a "best-of-breed" approach to individual manager selection, seeking the leading funds investing across the private equity continuum:  growth-oriented private equity, value-oriented buyouts, and turnarounds.  We emphasize operationally focused managers that have demonstrated advantages in both deal origination and building value in their companies and portfolios.  Typically, we favor managers investing funds less than $1 billion in size.

Sector & Geography

We focus on proven, operationally oriented managers that have a particular sector expertise or specialty, but will also consider leading funds that are generalist in nature.   We invest with managers globally, with a primary focus on managers investing in North America, the Asia Pacific region (developed and emerging) and Europe.  We prefer country and region focused private equity fund managers.