Charlesbank Capital Partners Closes Technology Opportunities Fund II at $1.275bn – Information Important Web

“In the time some years, we’ve been healthy to fulfil on our distinguished assets strategy cod to the hyper-specialization of our assets team, as substantially as the unfathomable partnerships we modify with our portfolio companies to intend value,” said Darren Battistoni, Managing Director at Charlesbank. “Our disciplined, collaborative move leaves us well-positioned for long-term success as we intend to attain a meaning effect on the businesses and direction teams we relation with.”

“The accelerating measure of subject conception is continuing to form every industries, and with valuations resetting to more commonsensible levels, the possibleness ordered for finance in profession and code businesses has never been greater,” said Hiren Mankodi, Managing Director at Charlesbank. “With our entry fund, we leveraged the Charlesbank papers and our team’s unfathomable facet skillfulness to substance investors admittance to high-growth profession companies with proven playing models, and the success of the TOF II raise demonstrates that this move has resonated.”

TOF II benefited from ontogeny investor want for danger to high-growth profession investments in businesses with ingrained products and product-market fit. TOF II’s investor humble includes open and joint pensions, endowments, foundations, business institutions, money of funds, quality managers and kinsfolk offices, as substantially as high-net-worth individuals.

Over Charlesbank’s 25-year story of finance crossways different sectors, the concern has matured knowledge, connections and company-building resources that support profession companies crossways the ontogeny spectrum to intend continuance and form their industries.