Emerging Manager Roundup: Balance Point, Caspian, Asana Partners, Amplify Partners

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private equity, emerging manager
Charlotte, North Carolina, uptown skyline panorama. SeanPavonePhoto/iStock/Getty Images

Emerging managers raised nearly $1.8 billion in the past few weeks. Seven firms raised over $100 million.

Balance Point Capital raised over $375 million toward the $400 million hard cap for its third flagship fund. The firm focuses in the lower-middle market.

Caspian Private Equity, focused on U.S. private equity and real estate markets, raised more than $288 million for its third private equity fund.

The Charlotte real estate investment firm Asana Partners raised more than $237 million for its second fund.

No venture firm came close to the amount raised by Amplify Partners. The firm’s third flagship closed at $200 million.

Below is a rundown of the most significant emerging PE and VC funds that Buyouts has identified as being in the market over the past few weeks:

Private Equity Funds:

Aeon Partners has raised over $11 million for Aeon Partners Fund I, which targets $600 million.

Asana Partners is a real estate investment company that focuses in urban markets in the U.S. Its second fund raised over $237 million of its targeted $800 million.

Balance Point Capital targets middle-market businesses across the U.S. Its third flagship fund raised over $375 million toward the $400 million hard cap.

BridgeInvest offers four lending programs for real estate investment. Its second special credit fund raised $78.9 million.

Brixey & Meyer Capital invests in lower-middle-market niche companies located in the Eastern and Central time zones. Its second growth fund raised over $35.9 million of a targeted $40 million.

The private equity focus of Caspian Private Equity invests in small and middle-market buyouts in the U.S. Its third co-investment vehicle raised over $288.8 million.

Cibolo Energy Partners raised $12 million for its second co-investment fund. The firm focuses on oil and gas companies in the lower-middle market of North America.

Avenue 4 Capital Management focuses on investment opportunities to high-net-worth investors and family offices. Its first fund raised $2.4 million of a targeted $5 million.

Energy Related Properties has raised over $25.6 million for its second fund. The firm seeks to establish commercial real estate in the Permian Basin.

Investing across the healthcare spectrum is Great Point Partners. Its third flagship has raised over $116 million of a targeted $250 million.

Hargett Hunter focuses on small and midsize domestic restaurant companies. Its Stacked Sidecar Fund closed at over $8 million.

Maples Fiduciary provides service to structured finance vehicles. Its first Olea Special Opportunities Offshore Fund raised $112.5 million.

Credit investment firm Marblegate primarily invests in middle-market companies throughout North America. Its fund Marblegate Partners Onshore Fund I raised $109.9 million.

OpenGate Capital focuses on corporate carveouts and buyouts in the lower-middle market across North America and Europe. Its second flagship is targeting $450 million.

RealCadre is a technology-enabled real eatate investment platform. Its Solis FL Investors I fund raised over $20.9 million.

Soleus Capital Management provides financial services. Its debut private equity fund has raised over $39.9 million of a targeted $125 million.

Venture Capital Funds:

500 Startups has invested in over 2,000 companies worldwide. Its 500 Durians II fund raised over $26.7 million.

Allos Ventures focuses on Midwest technology startups. Its third flagship fund targets $100 million.

Amplify Partners is an early-stage investor, focusing on companies that develop machine intelligence. Its third flagship fund closed at $200 million.

Atlas Ventures is an early-stage investment firm focused on technology and life-science companies. Its third flagship raised over $3.3 million of a targeted $10 million.

BlueRun Ventures focuses on opportunities within mobile software and services and financial technology. It’s targeting $80 million for its BRV Aster Opportunity Fund I.

Carrick Capital Partners invests in technology companies. Its third co-investment vehicle closed at $10 million.

Commerce Venture looks for companies that are helping innovate the retail and financial technology fields. Its third fund targets $60 million.

Company is a collection of startups, entrepreneurs and enterprises working collectively in New York. Its fund raised over $9.1 million of its $60 million target.

Investing in entrepreneurs, established businesses, investors and mentors, Conscious Venture Lab targets $50 million for its second flagship.

Contour Venture Partners invests in early-seed-stage companies within financial services and digital media in New York City. Its second fund targets $50 million.

Four Cities Capital focuses on a small group of the top startups in concentrated technology ecosystems. It has raised $2.6 million of a targeted $10 million.

Granite Hill Capital Partners focuses on the most promising early-stage opportunities in deep technology, such as artificial intelligence. Its second fund closed at $26.6 million.

Venture capitalist Ignacio Vilela’s latest fund, Junipero, will be investing in the top private tech companies ahead of its IPO. It raised over $1.3 million of its $5 million target.

Lakehouse Ventures loves New York. The firm focuses on New York’s emerging industry leaders. It targets $25 million in its second fund.

Miami Beach firm TheVentureCity invests in tech startups. Its Venture City Fund I has raised over $19 million of a targeted $100 million.

Trolley Ventures provides capital to Virginia’s most promising early-stage companies. Its first fund raised over $4 million of a targeted $10 million.