Kainos Capital collects $895 mln for second fund

Kainos Capital has raised $895 million at a hard cap for its oversubscribed second fund. Lazard was the placement agent for Fund II. Kainos closed its debut fund at $475 million in 2013.

PRESS RELEASE

Dallas, TX, October 31 , 2016 — Kainos Capital LP, a Texas-based investment firm with an exclusive focus on the food and consumer sector, today announced the closing of Kainos Capital Partners II (“Fund II”) with total equity commitments of $895 million. Fund II was oversubscribed and closed at its hard cap. Fund II follows Kainos’ inaugural Fund I, which closed in 2013 with $475 million of committed capital.

Andrew Rosen, Managing Partner of Kainos Capital, said, “We are very proud of the enthusiastic response to our second fund and the confidence placed in us by our limited partners. This new fund will enable us to broaden the size of transactions that we pursue and give us even more resources to drive growth and profitability in companies through organizational development, customer and channel expansion, new product innovation, effective marketing programs, and operational improvement. We look forward to working with the management teams of privately held founder, family and corporate-owned businesses to deploy this fund.”

Sarah Bradley, a Partner of Kainos Capital, said, “We are extremely fortunate to have tremendous continuity in our investor base with overwhelming support from our Fund I investors. Fund II has also selectively added some of the world’s largest pension plans, financial institutions, endowments, foundations, and family offices to what was already a distinguished group of investors. We look forward to working collaboratively with our investors in this next exciting chapter of our firm, and to creating value for their stakeholders.”

The Kainos team has extensive investment and operating experience in the food and consumer industry, having invested more than $2 billion of equity in more than 55 transactions with a total transaction value in excess of $8 billion.

Lazard served as placement agent, and Weil, Gotshal & Manges LLP and Sidley Austin LLP served as legal counsel for Fund II.