Exceeds $500
Million Target
Differentiated Approach to Private Equity is
Intentionally Designed to Provide Access to the Next Generation of
Deal Makers
NEW
YORK, March 28, 2024 /PRNewswire/ -- Grafine
Partners ("Grafine"), a private investment firm that
accesses differentiated sources of alpha by investing in new firms
led by experienced private equity investors, today announced that
it closed its inaugural strategy, Grafine Capital I ("the
Strategy") and parallel vehicles, with approximately $600 million in total capital commitments. The
Strategy exceeded its target of $500
million with commitments from a small and select group of
institutional investors seeking new and innovative approaches to
generating returns. Grafine's first strategy provides anchor LP
capital and institutional-level support to first-time funds
launched by experienced private markets investors, in exchange for
revenue sharing and access to co-investment opportunities for its
LPs.
Following a series of rolling closes, a significant portion of
capital has already been deployed in three first-time managers and
associated direct investments:
- Ascendant Capital Partners, a vertically integrated
opportunistic real estate investment and operating firm focused on
hotel and residential investments.
- Stanley Capital Partners, a European-focused mid-market private
equity firm focused on healthcare, technology & resource
efficiency.
- The Newcastle Network, an investment platform providing growth
capital to lower middle market performing consumer businesses.
"Grafine's mission is to provide access to differentiated and
potentially high returning investment opportunities by investing
behind the next generation of talented managers and operating
partners and working with them day in and day out to build
profitable and scalable firms," said Elizabeth Weymouth, Founder and Managing Partner
at Grafine. "We are grateful for the support of our investors
during one of the most challenging fundraising environments in
recent history, and for their belief in our team's ability to
deliver alpha through our access to sources of differentiated deal
flow, leveraging creative structures that are intentionally
designed to align our capital partners and dealmakers to form
transparent and long-standing partnerships."
Grafine recently launched its second strategy focused on
co-investments, which will be a dedicated, pooled vehicle seeking
to earn high risk-adjusted returns by investing in a portfolio of
highly vetted co-investment opportunities sponsored by select
emerging private equity managers.
Kirkland & Ellis served as legal advisor to Grafine.
About Grafine Partners
Grafine Partners, founded by Elizabeth
Weymouth, is an alternative investment management firm
created to meet the needs of sophisticated institutional investors
seeking innovative approaches to invest private capital with a
focus on alignment of incentives. Grafine's differentiated focus
allows it to source unique investment opportunities and execute on
direct deals across a range of industry sectors, geographies, and
capital structures that align with the evolving needs of its
institutional investor network. Through a pioneering investment
approach, Grafine acts as a principal investor to seed and build
private investment firms alongside the next generation of talented
private market investors and operating partners. For more
information, please visit www.grafine.com.
Media Contacts
Zach
Kouwe/Jansel Murad
Dukas Linden Public Relations
grafine@dlpr.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/grafine-partners-closes-on-600-million-for-inaugural-strategy-302102065.html
SOURCE Grafine Partners