While the established private equity firms continue to dominate the industry, several up-and-coming firms have been making waves in 2024. Here are some of the notable up-and-comers in the private equity space this year:

1. Crestline Investors

Based in Fort Worth, Texas, Crestline Investors has been actively raising capital for its latest fund, targeting investments in the middle market. The firm has a strong focus on the energy and industrial sectors, leveraging its deep domain expertise in these areas.

2. Grain Management

Grain Management, a Washington D.C.-based firm, has been gaining traction in the technology and telecommunications sectors. The firm has successfully raised its fourth fund, exceeding its target, and has been actively deploying capital in promising tech companies.

3. Avista Capital Partners

Avista Capital Partners, a Houston-based firm, has been making waves in the healthcare and energy sectors. The firm recently closed its latest fund, raising over $1billion, and has been actively pursuing investments in these sectors, capitalizing on its industry expertise.

4. Altamont Capital Partners

Altamont Capital Partners, based in Palo Alto, California, has been steadily building its reputation in the middle market. The firm has a diverse investment focus, ranging from consumer products to industrial services, and has been actively deploying capital from its latest fund.

5. Gauge Capital

Gauge Capital, a Southlake, Texas-based firm, has been gaining recognition for its investments in the healthcare and technology sectors. The firm has been actively raising capital for its latest fund and has already made several notable investments in these sectors.

6. Gemspring Capital

GemspringCapital, a Westport, Connecticut-based firm, has been making a name for itself in the lower middle market. The firm has a focus on investing in companies with strong growth potential and has been actively deploying capital from its latest fund.

These up-and-coming private equity firms have been leveraging their sector expertise, operational capabilities, and strong deal sourcing networks to gain traction in the competitive private equity landscape. While they may not yet be household names, their performance and successful fundraising efforts have positioned them as firms to watch in the coming years.

July 1, 2024

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