HighBar Partners closes fund III over hard cap at $208 mln

HighBar Partners announced the final close of HighBar Partners III, L.P., with $208 million in commitments, exceeding the hard cap of $200 million. Capstone Partners served as executive placement agent. HighBar focuses on growth capital investments in enterprise and infrastructure software companies. The fund has so far invested in Virtual Instruments and Janrain.


Menlo Park, August 10, 2017 – HighBar Partners (“HighBar” or the “Firm”) is pleased to announce the $208 million final close of HighBar Partners III, L.P. (“HighBar III” or the “Fund”), above an agreed upon hard cap of $200 million.

HighBar specializes in operationally and strategically-focused investments in enterprise and infrastructure software and software-as-a-service companies. The Firm’s unique investment model and resources make it an ideal partner when evaluating and structuring investments in companies undergoing complex strategic, financial or operational change. HighBar III will continue a sector-driven approach to investing in situations where the Firm can contribute significant resources to technology companies that are experiencing business transformations.

“We are fortunate to have the support of an impressive group of limited partners who believe in HighBar’s differentiated approach and strategy,” said John Kim, Managing Partner. “The team is well-positioned with a unique set of skills to deploy the Fund into a number of new and exciting opportunities.”

HighBar III adds leading global institutions to an already distinguished list of existing investors and will allow the Firm to target larger deals with new co-investment partners.

The Fund has made two investments: Virtual Instruments, an infrastructure performance management platform, and Janrain, a customer identity and access management solution.

Capstone Partners served as exclusive placement agent for HighBar Partners III, L.P., and Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP provided legal counsel.

About Capstone Partners

Founded in 2001, Capstone Partners (www.csplp.com) is a leading independent placement agent focused on raising capital for private equity, credit, real assets and infrastructure firms. Its experienced team of 35 professionals, working from offices in North America, Europe and Asia, is well-placed to assist investment firms in the international development of their investor base and complete successful fund raisings in a timely and efficient basis across different cycles.

About HighBar Partners

HighBar Partners (www.highbarpartners.com) is a private investment firm focused on strategic growth capital investments in enterprise and infrastructure software companies. The firm invests in companies undergoing significant change or transition and provides patient, long-term capital to build successful businesses. HighBar is a creative and engaged partner with resources and relationships to assist management teams with financial, strategic and operational execution. HighBar’s principals have founded, operated or invested in over 100 companies in the technology sector.