Main Post Partners Completes Fundraising on $400 Million Growth Equity Fund
SAN FRANCISCO, March 8, 2016 /PRNewswire/ -- Main Post Partners, a private equity firm focused on investing in high growth companies across the consumer value chain, services and manufacturing sectors, today announced the final closing of its inaugural fund, Main Post Growth Capital, L.P, with a total of $400 million in third-party limited partner commitments, well in excess of its initial target of $250 million.
The fund received commitments from a select group of prominent investors, including college endowments, insurance companies, family offices, corporate and state pension funds, fund-of-funds and high net worth individuals. Main Post Partners' principals and its executive network also contributed significant capital to the new fund.
"We are very grateful to have the trust and support of a distinguished group of limited partners who value our commitment to identifying exceptional management partners, implementing real operational improvements, and building value," said Sean Honey, Managing Partner. He added, "Looking forward, we are excited to continue backing and building leading growth companies in the middle market."
Main Post Partners was founded in 2014 by the investment partners who worked together in Weston Presidio's San Francisco office over the last decade. The fundraising follows a number of successful investments and realizations the partners made through Weston Presidio's fifth investment fund.
"With a 'Partnership, not Ownership' approach, our success has been built alongside successful founders, entrepreneurs, and management teams, with significant contributions from our executive network. We are excited to close this fund with three new investments already in the Main Post portfolio. Arch Manufacturing, Chuze Fitness and EagleRider are led by management teams who are driving disruptive change within their industries and who share our cultural commitment to operational excellence," said Jeff Mills, Managing Partner.
M2O Private Fund Advisors, LLC served as placement agent and Ropes & Gray, LLP as legal counsel to Main Post Partners.
About Main Post Partners
Main Post Partners is a private equity investment firm focused on investing $25 - $75 million in profitable, growing companies across the consumer value chain, services and manufacturing sectors. Main Post Partners invests in both majority and minority positions primarily in first institutional capital situations where founders, entrepreneurs and management teams are looking for an experienced partner to help build their companies to full potential. With a "Partnership, not Ownership" approach, Main Post Partners works closely with a network of successful executives to provide operational and strategic support to its management partners. www.mainpostpartners.com
About M2O
Established in 2011, M2O Private Fund Advisors is an independent alternative asset advisory and placement firm headquartered in New York. It focuses exclusively on providing services to sponsors of and investors in private equity and infrastructure funds. M2O specializes in customized advisory and capital raising assignments tailored to each client's specific circumstances. M2O's senior professionals have over 75 years of private equity market experience. www.m2ollc.com
Contact: Chris Tofalli
Chris Tofalli Public Relations
914-834-4334
SOURCE Main Post Partners
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