GrowthCurve Capital has held the final close of its inaugural private equity fund, GrowthCurve Capital Partners I, with total capital commitments of $1.4bn for the fund and related co-investment vehicles.
The fund’s investor base includes a diverse range of leading institutional investors, including pension funds, insurance companies, family offices, and other strategic partners.
GrowthCurve was launched in 2021 by Sumit Rajpal, former Global Co-Head of the Goldman Sachs Merchant Banking Division, along with a diverse team of investment professionals and functional executives to focus on data-rich, control-oriented private equity investments in middle market companies, primarily across the technology and information services, healthcare, and financial services sectors. Today, GrowthCurve has over 25 professionals, in addition to an accomplished strategic advisory board with deep industry experience.
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To date, the fund has invested approximately 50% of its capital commitments across four investments: Mistplay, a game discovery and loyalty platform for mobile games; Brightway Insurance, a personal lines focused insurance franchisor; Revecore, a provider of revenue integrity and complex claims solutions for health systems; and Netchex, a provider of cloud-based human capital management software solutions.
Source: Private Equity Wire
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