Our mission is simple: to share the success stories of emerging managers and extract their invaluable insights. In the world of emerging managers, the path to fund closing can be challenging, yet deeply rewarding. At Closing Corner, we shine a spotlight on recent fund closings (Funds I, II, or III) by emerging managers who have navigated these challenges with expertise and tenacity. Through these insights, we aim to educate, inform, and inspire emerging managers currently raising funds or those with aspirations for the future. Discover the strategies, innovations, and dedication that lead to fund closing success, and let these stories light the path to your own triumph in the world of being an emerging manager.
Stay tuned for the latest fund closing stories, and join us in celebrating the achievements of emerging managers as they carve their names in the Closing Corner of success.
Updated: November 30, 2023
“We are grateful for the support we have received from our investors, many of whom have supported us since our founding in 2005. The robust investor interest in FlexCap III is a tribute to the important role that our firm plays in supporting the growth of the small businesses that fuel the American economy. Our team’s operational and financial guidance is highly valued by the companies in which we invest and is the key ingredient to the strong absolute and risk-adjusted returns that we seek. With the close of Fund III, our team is well prepared to execute on our healthy pipeline of opportunities.”
“Granite Creek’s focus on growth investing creates opportunities, as more businesses who might sell outright in a buoyant market are instead now choosing to take on a minority partner. We are a good fit for this market and for talented entrepreneurs that are interested in capital, because we give them the freedom to run their business, and help them achieve major success.” – Mark Radzik, Co-Founder and Managing Partner
Updated: October 30, 2023
“It’s a remarkable achievement for a firm that was launched less than 3 years ago. As we celebrate the final closing of the fund, our team remains unwavering in our mission to build partnerships that deliver attractive returns by supporting impactful growth across Africa.” – Walid Cherif, Co-founder & Managing Partner
Updated: September 25, 2023
“We are thrilled to have closed our first fund at $800M in this challenging market. Our focus on the most recession-resistant corners of the consumer sector, in combination with our team’s operating and investing skills, really resonated with investors. Additionally, we were able to complete some transactions throughout our fundraising, which was very helpful in our process.” – Brian O’Connor
Updated: September 21, 2023
“The market reaction to FVLCRUM demonstrates that aligning impact and alpha can drive compelling results.” – Chijioke Asomugha, Partner
Updated: September 21, 2023
“We believe our strategy of focusing on being the first institutional investor in founder-owned companies in the Southeast, combined with our pre-fund track record resonated with LPs. It was helpful to our efforts to have an early anchor investor that enabled us to build the portfolio as we were meeting with new investors… In addition, we were able to continue building our team throughout the process adding five new professionals across portfolio support, sourcing, and deal execution.” – Stockton Croft, Co-Founding Member & Partner
Updated: September 20, 2023
“The basic decision factors were Proprietary Deal generation, strong execution and solid track record for the Growtheum team. These were the common determining factors for our LPs to participate in the fund.” – Amit Kunal, Managing Partner