Signal Hill Equity Partners’ Post

📣 Knox Lane Closes Oversubscribed Second Fund at $1 Billion Hard Cap - Knox Lane, a growth-oriented investment firm, announced the final close of its second institutional fund, KLC Fund II ("KLC II"), with $1 billion in total commitments. - KLC II exceeded its target of $850 million and met its hard cap. - The oversubscribed fund received significant support from existing and new investors. - KLC II saw a 46% increase in fund size compared to Knox Lane's first fund, which was $610 million. - With the close of KLC II, Knox Lane now manages approximately $3 billion. - KLC II will continue Knox Lane's strategy of partnering with differentiated businesses in attractive end-markets. - The firm utilizes a hands-on engagement model to help businesses optimize operations and accelerate growth. - John Bailey, Managing Partner at Knox Lane, expressed gratitude for the support from limited partners. - Shamik Patel, Partner at Knox Lane, expressed appreciation for investors' continued partnership and support. - Knox Lane has completed eight platform investments and around 40 add-on acquisitions. - Two investments out of KLC II include: - Guardian Fire Services, a provider of fire and life safety services. - All Star Healthcare Solutions, a healthcare staffing firm focused on the locum tenens market. - Knox Lane has expanded its team to support its growing portfolio, now comprising 25 full-time professionals and 12 industry advisors. - Recent senior appointments include: - Bek Chee, Head of Talent, formerly Head of Talent at Atlassian and Chief People Officer at TCV. - Ryan Buntain, Head of Investor Relations, formerly Managing Director and Senior Relationship Manager at Carlyle. - Christopher Barry, Vice President, formerly an investment professional at Genstar Capital. - Robert He, Vice President, formerly an investment professional at GI Partners.

When you invest in private equity, the term capital call is one you'll frequently encounter. Understanding this concept is crucial for any investor looking to navigate the complexities of private equity funds. 👉 https://bit.ly/3zlKF7h

Too much of a good thing? Some #privateequity investors are scrutinising LP bases to ascertain whether managers will face increased pressure to deploy an excessive amount of capital beyond their original fund size. With Madeleine Farman Allen Waldrop Alaska Permanent Fund Corporation Steven Hartt Meketa Investment Group Christopher Bär Munich Private Equity Partners David P. Scopelliti Mercer - Investments Private Equity International #alternativeinvestment #institutionalinvestors #coinvestments https://lnkd.in/gi3PeB-X

📈𝗙𝘂𝗻𝗱 𝗜𝗜 - 𝗖𝗹𝗼𝘀𝗲𝗱!✒ We are excited to announce that Fidelium Partners has successfully closed its second fund, Fidelium Fund II, at EUR 150million!🎉 Special thanks goes to our investors from Fund I 🤝 We are particularly proud to continue our journey exclusively with the support of our existing investors. 𝘖𝘜𝘛𝘚𝘛𝘈𝘕𝘋𝘐𝘕𝘎 𝘗𝘌𝘙𝘍𝘖𝘙𝘔𝘈𝘕𝘊𝘌 𝘖𝘍 𝘍𝘜𝘕𝘋 𝘐 Launched in 2017, Fund I has demonstrated exceptional performance, achieving top quartile returns, reflecting our strong value creation capabilities through operational improvement and strategic growth initiatives. 𝘐𝘕𝘝𝘌𝘚𝘛𝘖𝘙 𝘊𝘖𝘕𝘍𝘐𝘋𝘌𝘕𝘊𝘌 𝘈𝘕𝘋 𝘊𝘖𝘔𝘔𝘐𝘛𝘔𝘌𝘕𝘛 "We are incredibly grateful for the trust and support from our existing investors," said Dominik Beck, Managing Partner at Fidelium Partners. "The successful closing of Fund II is a testament to our team's dedication and the solid track record of delivering superior returns. We look forward to building on the success of Fund I. With at least 15% of Co-investment commitment, we as GP demonstrate our strong alignment with our investors and our confidence in the success of our investments." "Beyond the success of Fund I we are honoured by the trust corporate sellers and the M&A community place in us.” adds Rafal Grabarkiewicz, Managing Partner at Fidelium Partners. “We remain committed to be the reliable partner of choice - on a personal level and as a firm – when it comes to situations that require dedication and long-term operational involvement." 𝘐𝘕𝘝𝘌𝘚𝘛𝘔𝘌𝘕𝘛 𝘊𝘙𝘐𝘛𝘌𝘙𝘐𝘈 𝘍𝘖𝘙 𝘍𝘜𝘕𝘋 𝘐𝘐 Fidelium Fund II will continue to focus on companies with significant potential for operational improvement. Our investment criteria are: ▪ Revenue Size: Companies with annual revenues between EUR 75 million and 750 million. ▪ Operational Improvement: Companies that have room for significant operational enhancement. ▪ Corporate Carve-Outs: Specializing in spinning off business units from larger corporations, transforming them into successful standalone entities. ▪ Special Situations: Investing in complex scenarios such as succession planning, management buy-outs/buy-ins, and turnaround situations. ▪ Long-Term Capital: Providing stable, long-term capital to support sustainable growth and competitiveness. ▪ Equity Investment: Committing up to EUR 30 million in equity per investment. 𝘓𝘖𝘖𝘒𝘐𝘕𝘎 𝘈𝘏𝘌𝘈𝘋 The closing of Fidelium Fund II is a testament to our dedication to creating value through strategic investments and operational excellence. We look forward to levering on our robust equity base and the trust of our investors to drive the growth and transformation of our portfolio companies. We thank our investors for their continued support and confidence. Together, we will continue to achieve outstanding results and deliver sustainable growth for all our stakeholders.   Best regards, Dominik Beck & Rafal Grabarkiewicz #fidelium #fund #investors #performance #capital

There are two primary models for how private equity deploys capital — we break down the pros and cons in the latest blog from Joel Van Essen, CFA, our Director of Private Investments. https://hubs.la/Q02-36Jd0

LPLink's Weekly Fundraise Report 1. KKR seeks $20 billion for its latest North America buyout fund. The fund is aiming to surpass the $19 billion raised for its previous fund despite facing competition for investor capital in the private equity landscape. https://lnkd.in/ey92GfZK 2. Shamrock Capital closes $1.6 billion for its sixth PE flagship fund, Growth VI, and its inaugural small cap fund, Clover I. The announced funds will invest in middle market companies within the media, entertainment, and communications sectors with a focus on buyout and later-stage growth equity. https://lnkd.in/eMW-VHnf 3. Verdane closes its second decarbonisation fund, Idun II, at a €700 million ($754 million) hard cap. The fund, which received commitments from investors such as Nysnø Climate Investments, Banque de Luxembourg, the European Investment Fund (EIF), MN, Tesi, and Carbon Equity, will focus on energy transition, resource efficiency, and decarbonisation initiatives for environmental impact. https://lnkd.in/epzFaHUE 4. Edward Talmor-Gera's NewVest has raised $180 million for its third private markets index fund, the NewVest PE50 2024, marking a 30% growth from its previous fund. The fund aims to provide investors with access to 50 of the largest private equity funds, which collectively target $370 billion in capital commitments. https://lnkd.in/ewKP8qwC

There are two primary models for how private equity deploys capital — we break down the pros and cons in the latest blog from Joel Van Essen, CFA, our Director of Private Investments. https://hubs.la/Q02-3bLM0

There are two primary models for how private equity deploys capital — we break down the pros and cons in the latest blog from Joel Van Essen, CFA, our Director of Private Investments. https://hubs.la/Q02-2Kp70

The Best-Performing Private Equity Funds Share These Two Attributes (via Institutional Investor): https://ow.ly/6YF550QHAUm #privatequity #privateinvestments #funds #institutionalinvestor

📣 Agellus Capital Closes Inaugural Fund at $400 Million - Agellus Capital, a private equity firm targeting lower middle-market companies, announced the final close of its debut fund, Agellus Capital Private Equity Fund I. - The Fund achieved $400 million in total limited partner capital commitments, surpassing its $350 million target. - The Fund was oversubscribed and secured commitments in less than five months. - Investors included endowments, foundations, global financial institutions, insurance companies, family offices, sovereign wealth funds, and various professionals. - Jeff Aiello, Co-Founder and Managing Partner, expressed gratitude for the strong reception from institutional investors. - Agellus targets business-to-business, non-discretionary consumer, and supply chain and infrastructure services markets. - Initial platform investments range from $2 million to $20 million of EBITDA. - The firm aims to drive growth through acquisitions and investments in talent, technology, and systems. - Beau Thomas, Co-Founder and Managing Partner, emphasized the firm's commitment to partnering with companies, investors, and people. - Aviditi Advisors served as the exclusive placement agent, and Weil, Gotshal & Manges LLP served as counsel.