Monogram Capital Partners said April 23 that its debut fund closed on its $152 million hard cap. Monogram Capital Partners I LP received commitments from endowments, foundations, family offices, and fund of funds. Monogram, of Los Angeles, invests in emerging consumer and retail brands through both minority growth and control transactions. Acalyx Advisors Inc served as placement agent, while Latham & Watkins LLP was legal adviser.
MONOGRAM CAPITAL PARTNERS CLOSES ITS INAUGURAL FUND AT $152 MILLION HARD CAP
Monogram Capital Partners (“Monogram”), a Los Angeles, California based private equity firm investing in lower‐middle market branded consumer and retail businesses, announced the final closing of Monogram Capital Partners I, L.P. (the “Fund”) at its hard cap of $152 million in capital commitments.
The Fund was oversubscribed and secured commitments from a diverse base of preeminent endowments, foundations, family offices, and fund of funds.
“We are deeply appreciative of the support received from such a high‐quality investor base, many of whom have been investing with us for several years now,” commented Jared Stein, Co‐Founder and Partner of Monogram. Said Oliver Nordlinger, Co‐Founder and Partner of Monogram, “We look forward to continuing to execute Monogram’s thesis‐driven approach to identifying promising consumer brands and working alongside them to build the next generation of category leaders.”
Acalyx Advisors Inc. (“Acalyx”) served as exclusive placement advisor. “Amid a crowded fundraising environment, the investor community was compelled by Monogram’s ability to apply its network of strategic and managerial resources to help emerging brands achieve their full potential,” noted Joe McDonald, Partner at Acalyx.
Latham & Watkins LLP served as legal counsel to Monogram.
About Monogram Capital Partners
Headquartered in Los Angeles, CA and founded in 2014, Monogram Capital focuses exclusively on investing in emerging consumer and retail brands through both minority growth and control transactions. The firm seeks opportunities to partner with founders and strong management teams, typically investing $5 million to $30 million of equity per transaction. To date, Monogram has completed fourteen investments across nine platform portfolio companies. For additional information, please visit www.monogramcapital.com.
About Acalyx Advisors
Acalyx is a highly selective independent firm specializing in advisory, private placement and investor relations for leading alternative asset management firms. With offices in New York and San Francisco, the firm is led by seasoned professionals who have collectively raised and advised on over $90 billion over the last 18 years across a number of strategies, including buyout, special situations and credit. For additional information, please visit www.acalyx.com.