Shoreline collects over $450m for sophomore PE fund

Shoreline invests in lower middle market companies with EBITDA typically ranging between $5 million and $25 million.

  • Shoreline Equity Partners Fund II’s limited partners include insurance companies, fund of funds, pension and retirement funds, family offices and high-net worth individuals
  • M2O Private Fund Advisors LLC served as placement agent
  • Based in Neptune Beach, Florida, Shoreline launched in March 2019

Shoreline Equity Partners has raised over $450 million for its second private equity fund, beating its $400 million target.

Shoreline invests in lower middle market companies with EBITDA typically ranging between $5 million and $25 million.

Shoreline Equity Partners Fund II’s limited partners include insurance companies, fund of funds, pension and retirement funds, family offices and high-net worth individuals.

“We are very grateful to all of our limited partners for their continued support as well as the hard work put in by our growing team at Shoreline,” said Mike Hand, Managing Partner. “We do not take lightly the trust our blue-chip partners have placed in us in an incredibly difficult fundraising environment. The overwhelming interest in SEP II further solidifies the value in our approach and strength of the team we have built.”

M2O Private Fund Advisors LLC was placement agent while Ropes & Gray LLP provided legal counsel to Shoreline.

Based in Neptune Beach, Florida, Shoreline launched in March 2019.