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Camber Partners Closes Fund II at $210 Million

Feb 26, 2025over 1 year ago

Contract Type

partnership

San FranciscoFinancial Services

Description

Camber Partners announced the closing of Fund II with total capital commitments of $210 million, surpassing the fund’s original target of $150 million and the hard cap of $200 million. The oversubscription reflected the strong demand from investors and highlights confidence in Camber’s approach and ability to drive exceptional outcomes. The fund received support from a diverse base of existing and new investors, including pension funds, foundations, health systems, insurance companies, fund of funds, and family offices. Camber’s goal is to partner with growth-stage software companies and inflect their trajectory by providing more than just capital.

Company Information

Company

Camber Partners

Location

San Francisco, California, United States

About

There is so much opportunity for PE firms, in fact, that according to the Financial Times, the software-focused buyout firm Thoma Bravo plans to raise up to $35 billion for its next fund. Irwin says he founded Camber Partners largely out of aggravation with the current venture environment, which requires that startups scale up unnaturally fast in order for VCs to return the massive amounts of capital they’ve been raising in recent years. Among them is Camber Partners, a San Francisco-based growth equity firm founded last year by investor Scott Irwin, long of the venture firm Rembrandt Venture Partners.

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