Ex-Summit exec’s shop, Equality, sets unusual term on debut fund

Summit Partners, Thomas Roberts, Equality Asset Management, private equity
Photo of Thomas Roberts sourced from Equality's website
Equality Asset Management, formed by ex-Summit Partners executives, is targeting $500 million for its debut fund, which will come with an interesting term: a 5 percent hard hurdle, two sources with knowledge of the firm told Buyouts. Fund I, which ...

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