Avesi Partners Closes Fund II at $1.35 Billion

Author

Slice of Finance Team
16 Jul

Key Highlights:

  • Avesi Partners closes Fund II at $1.35 billion.

  • Fund II significantly oversubscribed, surpassing initial target.

  • Strong alignment with investors through sizeable commitment from Avesi Partners.

  • Focus on healthcare and business services sectors.

Source (PR Newswire)

Notable Quote:

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"We are grateful to our limited partners for their trust in and support of Avesi. Like our previous fund, we attracted a prestigious group of well-respected investors to Fund II. I would also like to acknowledge and extend our sincere thanks to our portfolio companies, founders and partners, whose success alongside Avesi is a testament to our shared vision of partnership and growth. We are proud of our track record in identifying businesses experiencing exceptional growth, and helping founders and management teams achieve their long-term vision, sooner, and with less risk. We believe this is an opportune time to capitalize on select themes for investments within the lower middle market."

Chris Laitala, Managing Partner and Chief Investment Officer at Avesi Partners

Our Take:

Avesi Partners' successful closing of Fund II at $1.35 billion reflects their robust strategic vision and strong investor confidence in their ability to drive growth in healthcare and business services sectors. The oversubscription and rapid closing underscore the firm's reputation and the effective execution of their investment strategy. Chris Laitala's leadership and the firm's commitment to aligning with their investors further highlight Avesi Partners' dedication to achieving long-term success for their portfolio companies.