Monogram Capital Partners has held a final closing of Monogram Capital Partners I LP at its hard cap of $152 million. The new fund was oversubscribed and secured commitments from endowments, foundations, family offices, and fund of funds.
“We are deeply appreciative of the support received from such a high‐quality investor base, many of whom have been investing with us for several years now,” said Jared Stein, Co‐Founder and Partner of Monogram.
Monogram Capital Partners makes invests from $5 million to $30 million in companies with revenues of $5 million to $50 million. Sectors of interest include apparel and accessories; beauty and personal care; pet products; consumer healthcare; food and beverage; and restaurants. Since founding in 2014, Monogram has completed fourteen investments across nine platform portfolio companies. The firm is headquartered in Beverly Hills (www.monogramcapital.com).
“We look forward to continuing to execute Monogram’s thesis‐driven approach to identifying promising consumer brands and working alongside them to build the next generation of category leaders,” said Oliver Nordlinger, Co‐Founder and Partner of Monogram.
Acalyx Advisors (www.acalyx.com) was the placement agent for this fundraise. “Amid a crowded fundraising environment, the investor community was compelled by Monogram’s ability to apply its network of strategic and managerial resources to help emerging brands achieve their full potential,” said Joe McDonald, a Partner at Acalyx.
© 2018 Private Equity Professional | April 23, 2018
