Fulcrum Equity Partners Closes Fund 2 at $93 Million
Search
Share on twitter
Share on linkedin
Share on print
Share on email

Fulcrum Equity Partners Closes Fund 2 at $93 Million

Fulcrum Equity Partners has held a closing of its second fund, Fulcrum Growth Fund II, LLC, with capital commitments in excess of $93 million, surpassing its target of $75 million.

One of Fulcrum’s strategies is to recruit successful entrepreneurs to its investor group, and Fund 2 now has more than 90 current and former CEOs from a wide range of industries.  “The deep business experience of our investors is a very rich resource for the Fulcrum Funds and our portfolio companies,” said Jeff Muir, a partner at Fulcrum. “Many of our limited partners have provided value-added support and guidance, including referring quality deals, assisting with due diligence, providing relevant industry experience and making strategic introductions.”

Fulcrum is actively seeking opportunities to invest in rapidly growing companies, and Fund 2 has already invested in eight new portfolio companies. Fulcrum’s prior fund, Fulcrum Fund I, LLC, is a $40 million fund that commenced in 2006 and invested in 11 portfolio companies, while completing 29 financings. Fund I has had four successful exits and already returned 157 percent of contributed capital.

Fulcrum Equity Partners invests from $1 million to $5 million in companies that have revenues of $2 million to $75 million and are based in the Southeast.  Sectors of interest include healthcare, information technology and technology-enabled operating companies.  With the closing of Fund 2 the firm now has $140 million in capital under management. Fulcrum Equity Partners was founded by Jeffrey Muir, Partner; Thomas Greer, Partner; Frank Dalton, Partner; and Alston Gardner, Venture Partner. The firm is based in Atlanta (www.fulcrumep.com).

© 2013 PEPD • Private Equity’s Leading News Magazine • 2-1-13

Share on twitter
Share on linkedin
Share on print
Share on email

To search in site, type your keyword and hit enter