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HSBC Capital Spins Off Graycliff Partners

The former management team of HSBC Capital has spun off to form the new firm, Graycliff Partners. Graycliff Partners will continue to manage and invest over $1 billion in commitments from existing funds, and will also continue its focus on private equity, mezzanine and real estate investments in the middle market of the United States and in Latin America, the firm said Monday.

PRESS RELEASE
Graycliff Partners LP today announced the completion of its investment advisory arrangements with HSBC to form an independent private investment firm. Established by the former management team of HSBC Capital, Graycliff Partners will continue to focus on private equity, mezzanine and real estate investments in the middle market of the United States and in Latin America. Graycliff Partners will continue to manage and invest over $1 billion in commitments from existing funds, and the firm expects to manage new generations of funds with similar mandates.

The Graycliff Partners team will comprise 16 investment professionals, many of whom have been working together for two decades, first operating as Midland Montagu Private Equity and then as HSBC Capital. The team has invested in more than 80 middle market companies and will continue to seek partnerships with profitable mid-sized businesses providing capital for acquisitions, management buyouts, recapitalizations, growth and development. Graycliff Partners is headquartered in New York with an office in São Paulo, Brazil.

“Over the last 20 years, we have developed a proven investment strategy focused on partnering with strong, entrepreneurial management teams in the middle market,” said Managing Director James Marley. “Our successful track record and support from HSBC and our limited partners over the years have enabled us to provide flexible and stable financing through several market cycles and changes. The team is excited to continue this legacy as Graycliff Partners and we are grateful to HSBC for their contribution to our success.”

The Graycliff name is inspired by the image of a promontory, a point of transition and dramatic meeting of land and sea. An enduring landmark and a familiar point of reference to embark on and return from a journey, the location also provides a vantage point for a far-reaching and strategic perspective.

About Graycliff Partners
Graycliff Partners is an independent investment firm focusing on middle market private equity, mezzanine and real estate investments in the United States and Latin America. Graycliff Partners LP, a Delaware limited partnership, is an SEC-registered investment advisor under the U.S. Investment Advisors Act of 1940, as amended. Since 1991, the Graycliff Partners team, previously operating as HSBC Capital, has invested over $1 billion and completed in excess of 80 transactions. With offices in New York and São Paulo, Graycliff Partners seeks to partner with companies led by strong, entrepreneurial management teams, providing capital for acquisitions, management buyouts, recapitalizations, growth and expansion.