Bregal Sagemount Announces the Successful Close of Its Inaugural Small-Cap Fund, Basecamp, with $500 Million of Commitments
2024年7月22日 - 8:00PM
ビジネスワイヤ(英語)
Bregal Sagemount (“Sagemount”), a leading growth-focused private
equity firm, today announced the successful close of its inaugural
small-cap fund, Bregal Sagemount Basecamp I (“Basecamp” or the
“Fund”), at $500 million. The Fund closed at its target and hard
cap, inclusive of strong support from existing Limited Partners, a
handful of new institutional investors, and a significant GP
commitment. The close of Basecamp marks a milestone for Sagemount,
reflecting the firm's ongoing commitment to provide capital
solutions to attractive growth businesses identified through its
thematic sector-driven origination efforts, regardless of potential
investment size.
The Basecamp strategy is a continuation of the investment
strategy Sagemount has pursued since inception in 2012, providing
flexible, solution-oriented capital to durable growth businesses
with high recurring revenues, operating in end-markets with
uncorrelated secular growth characteristics. The new Fund will
target equity investments between $20 and $75 million in
market-leading middle-market growth companies.
Gene Yoon, Founder and Managing Partner of Bregal Sagemount,
conveyed his gratitude for the new Fund, stating, "Being afforded
the opportunity to raise this Fund efficiently is humbling and
reflective of the loyal investor base we have been fortunate to
retain since inception. We want to extend our thanks to many of our
existing investors who enabled us to raise the Fund discreetly in
current market conditions. This Fund will allow us to continue to
serve bootstrapped founders looking for flexible, value-added
capital."
Zuhair Khan and Jordan Walton, Co-Heads of Basecamp, added,
"Basecamp enables Sagemount to continue investing in profitable,
founder-led companies across investment sizes, where we will
leverage the broad origination capabilities and value creation
resources across the Sagemount platform to support the growth and
aspirations of our future portfolio companies. Our seasoned team is
committed to upholding the same disciplined underwriting framework
refined since Sagemount’s launch in 2012. With our compounding
sector and operational experience, we are dedicated to partnering
with our portfolio companies to ensure their success in today’s
dynamic and competitive business environment."
Goodwin served as legal advisor to Bregal Sagemount.
About Bregal Sagemount
Bregal Sagemount is a leading growth-focused private capital
firm with more than $7.5 billion of cumulative capital raised since
its inception in 2012. The firm provides flexible capital and
strategic assistance to market-leading companies in high-growth
sectors across a wide variety of transaction situations. Bregal
Sagemount has invested in over 70 companies in a variety of
sectors, including software, information / data services, financial
technology & financial services, digital infrastructure,
healthcare IT, and business & consumer services. The firm has
offices in New York, Palo Alto, and Dallas. For more information,
visit the Sagemount website: www.sagemount.com or follow us on
LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20240722659865/en/
Jillian Hazelton Head of Marketing & Communications
Jillian.hazelton@breal.com