Insight

FVLCRUM gathers over $300m for fund

The fund's limited partners include banks, consultants, endowments, insurance firms, fund of funds, public pension plans, as well as high-net-worth individuals.

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  • FVLCRUM Fund LP targets investments in minority-owned businesses
  •  Based in Rockville, Maryland, FVLCRUM invests in the lower middle market
  • FVLCRUM was founded in 2013

FVLCRUM Partners has closed its newest fund at over $302 million, beating its $250 million target.

The fund’s limited partners include banks, consultants, endowments, insurance firms, fund of funds, public pension plans, as well as high-net-worth individuals.

FVLCRUM Fund LP targets investments in minority-owned businesses in sectors that include government contracting, healthcare, and technology-enabled business services.

“The market reaction to FVLCRUM demonstrates that aligning impact and alpha can drive compelling results,” says Chijioke Asomugha, a partner at FVLCRUM in a statement

Based in Rockville, Maryland, FVLCRUM invests in the lower middle market. FVLCRUM was founded in 2013.