Monomoy racks up over $1.1bn for fourth fund

Fund IV's limited partners include leading endowments, foundations, pension plans, insurance companies and family offices.

Monomoy Capital Partners has closed its fourth private equity fund at over $1.1 billion. Fund IV’s limited partners include leading endowments, foundations, pension plans, insurance companies and family offices. Ropes & Gray LLP served as fund counsel. The middle-market private investment firm focuses on manufacturing, distribution and consumer product businesses in North America and Europe.

PRESS RELEASE

New York, New York, January 19, 2022 – Monomoy Capital Partners, a middle-market private investment firm focused on operational value creation, held a final close on its fourth private equity fund (“Fund IV”) in November 2021. The fund was oversubscribed with commitments over $1.1 billon.

Monomoy secured commitments from a globally-diversified group of limited partners for Fund IV comprised of leading endowments, foundations, pension plans, insurance companies and family offices. “We are humbled by the tremendous support of our existing investor base and energized by a group of new Limited Partners who have partnered with us in Fund IV,” said Monomoy Partner and Co-CEO Dan Collin.

The new fund has closed four platform investments and one add-on acquisition across business sectors, including building products, manufacturing and enthusiast consumer products. Fund IV is more than 30% invested to date.

“We believe that our strategy of value investing and value creation is built precisely to take advantage of all economic environments. We remain committed to providing capital to middle-market businesses that can benefit from our strategic and operational capabilities,” said Partner and Co-CEO Justin Hillenbrand.
Ropes & Gray LLP served as fund counsel.

About Monomoy
Monomoy Capital Partners is a private investment firm with over $2.7 billion in assets under management. Monomoy invests in the equity and debt of middle-market businesses that can benefit from operational and financial improvement with a focus on manufacturing, distribution and consumer product businesses in North America and Europe. Please see our website at www.mcpfunds.com for further information concerning Monomoy and its portfolio companies.