Prysm Capital raises $305m for maiden fund

• Acalyx Advisors served as placement agent and Kirkland & Ellis served as legal counsel for Prysm
• Prysm invests in the technology, consumer and healthcare sectors
• The firm was founded in 2019 by Jay Park, Muhammad Mian and Matt Roberts, who previously worked together at BlackRock for nearly a decade

Prysm Capital has closed inaugural fund at $305 million.

Prysm Capital Fund I’s limited partners include public pension funds, corporate pension funds, university endowments, family offices and foundations.

“We are humbled by and incredibly grateful for the trust and support from our capital partners and are excited to continue collaborating with founders and management teams,” said Park, co-founder and managing partner at Prysm, in a statement. “This fundraise is an endorsement of what we have built at Prysm to date—our partnership approach to growth investing and our team.”

Acalyx Advisors served as placement agent and Kirkland & Ellis served as legal counsel for Prysm.

Prysm invests in the technology, consumer and healthcare sectors.

The firm was founded in 2019 by Jay Park, Muhammad Mian and Matt Roberts, who previously worked together at BlackRock for nearly a decade. With offices in New York, Princeton and San Francisco, the firm currently manages over $1 billion in assets.