Firms & Funds

Emerging Managers: GenNx360, JAZZ, AllegisCyber

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Roundup

It was a slower fundraising period for emerging managers: 17 of them raised more than $1.4 billion from May 22 through June 5, according to Buyouts data.

GenNx360 led all firms. The New York firm’s third fund raised more than $298 million of a targeted $800 million. The fund will target industrial and business services companies.

Not far behind was JAZZ Venture Partners. Its sophomore fund raised more than $287 million. The firm focuses on augmented reality, artificial intelligence, immersive gaming and closed-loop human-computer systems.

Third was another venture firm, AllegisCyber Capital. Its sophomore fund raised $198.7 million. The firm focuses on cybersecurity in emerging technology markets.

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

Private Equity:

Champlain Capital looks for investments in niche manufacturing consumer products, distribution, healthcare and non-financial services. Its third fund raised more than $68 million.

GEF Capital Partners focuses on impact investing in environmental, social and governance companies. Its sophomore South Asia growth fund raised over $124.3 million.

GenNx360 Capital Partners focuses on industrial and business services companies. Its third fund raised $298.7 million of a targeted $500 million.

InfraVia Capital is an independent investment company focusing in the European infrastructure sector. Its third fund raised $30 million.

Junction Energy Capital invests midstream and downstream energy assets. Its debut fund raised $85 million of a targeted $400 million.

Keyhaven Capital Partners is an independent investment firm in London that invests in European businesses. Its sophomore secondaries fund raised more than $45.3 million.

Lake Pacific Partners focuses on the food and consumer products industry. Its sophomore fund raised $70.4 million of a targeted $200 million.

Parliament Capital Management is an alternative investment management firm seeking value in private equity, credit and real estate. Its debut fund raised $10.1 million.

Venture Capital:

AllegisCyber Capital makes seed and early-stage investments in cybersecurity and its applications in emerging technology markets. Its sophomore fund raised $198.7 million.

Elsewhere Partners makes investments in software companies that are located outside major venture capital hubs. Its debut fund raised $70 million.

Fika Ventures looks to support entrepreneurs within enterprise software, fintech, marketplaces and digital health. Its sophomore fund raised $76.4 million.

IDEA Fund Partners makes seed and early-stage investments in technology companies in the Southeast and Mid-Atlantic regions. Its third fund raised more than $17.7 million.

JAZZ Venture Partners focuses on the intersection of digital technology and neuroscience to influence the human experience. Its sophomore fund raised more than $287 million.

Patamar Capital invests in high-growth companies solving the most pervasive problems in South and Southeast Asia. Its sophomore fund raised $23.6 million of a targeted $150 million.

Pilot Growth Equity focuses on growth investments for technology entrepreneurs. Its sophomore fund raised $43.2 million.

Runa Capital is an early-stage firm that focuses in software applications and infrastructure. Its third fund raised $1.2 million of a targeted $100 million.

Springdale Ventures makes early-stage investments for consumer brands. Its debut fund raised $4.8 million of a targeted $35 million.