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Wavecrest Growth Partners Closes Fund Ii With $290M In Commitments

Wavecrest Growth Partners Closes Fund Ii With $290M In Commitments

07/12/21, 1:08 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgboston
Wavecrest Growth Partners (Wavecrest) today announced the close of its second fund, Fund II, at its hard cap with $290 million in capital commitments. The fund was significantly oversubscribed. The fund received strong support from its existing investor base of leading endowments, insurance companies, fund of funds, family offices, and pension funds, as well as several new institutional investors. More than 30 current and former portfolio CEOs and Operating Advisors of Wavecrest also invested in the fund.

Company Info

Company
Wavecrest Growth Partners
Location
boston, massachusetts, united states
Additional Info
Wavecrest Growth Partners is a growth equity firm focused on investing in and partnering with leading B2B software and technology-enabled services companies. Wavecrest targets investments in high-growth companies with proven products and business models and brings to bear a differentiated combination of investing and operating experience and networks to help accelerate growth and profitability. Wavecrest’s team has over five decades of collective investing and operating experience in growth-stage B2B technology companies, including numerous successful outcomes. For more information, visit wavecrestgrowth.com. Related Links http://www.wavecrestgrowth.com