Insight

Silas Capital raises $150m for sophomore consumer growth fund

Fund II's limited partners include endowments, fund-of-funds, insurance companies, global asset managers, family offices and multi-national CPG companies.

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  • With Fund II, Silas Capital will continue to focus on making $3 million to $15 plus million investments in high-growth consumer brands between $5 million and $50 plus million in revenue
  • Morrison Cohen serves as legal counsel for the fund
  • No placement agent was used

Silas Capital has closed its second consumer growth fund at a hard cap of $150 million.
Fund II’s limited partners include endowments, fund-of-funds, insurance companies, global asset managers, family offices and multi-national CPG companies.

“We are deeply appreciative of the trust and support received from such a high‐quality investor base. We’re particularly proud that the vast majority of our long-term limited patners re-upped with us and were joined by a who’s who of new LPs” said Carter Weiss, a partner of Silas Capital in a statement.

With Fund II, Silas Capital will continue to focus on making $3 million to $15 plus million investments in high-growth consumer brands between $5 million and $50 plus million in revenue.

Morrison Cohen serves as legal counsel for the fund. Silas Capital did not use a placement agent.

Based in New York City, Silas Capital was founded in 2012.