Daily News: January 27, 2015

GoldPoint Partners Closes Fifth Co-Investment Fund

GoldPoint Partners closed its fifth equity co-investment fund, GoldPoint Partners Co-Investment V. The fund closed on $675 million of commitments, a 50 percent increase from its predecessor fund. The fund closed on $675 million of commitments, a 50 percent increase from its predecessor fund.

The fund represents a continuation of GoldPoint’s successful co-investment program, which began in 1991. Since that time, the GoldPoint team has invested $2.2 billion in 149 equity co-investment transactions. The fund will maintain GoldPoint’s consistent strategy of partnering with successful private equity sponsors by providing equity co-investments to support their acquisition of middle market companies in the U.S. and Western Europe. To date, the Fund has investedcommitted $227 million in 16 portfolio companies.

“By consistently focusing on our Core Partner strategy, where we identify and invest in top performing sponsors and then become their trusted partner for direct equity co-investments and mezzanine financing, we have been able to build a portfolio of attractive co-investment opportunities that fit squarely within our sponsors’ areas of expertise,” said John Schumacher, chairman of GoldPoint Partners.

The fund is managed by six senior investment professionals with a proven track record in private equity investing and an average tenure together of 18 years. Led by Chairman John Schumacher and CEO Thomas Haubenstricker, the GoldPoint team manages $1.4 billion of direct mezzanine investments and $6.8 billion of private equity and debt fund commitments in addition to $1.5 billion of equity co-investments.

The fund’s global investor base includes public and private pension funds, financial institutions, insurance companies, family offices and a number of high net worth individuals.

“We are very grateful for the show of support we received from investors and we are confident that our 20 plus year track record of co-investing alongside our long-established, top-tier sponsor relationships in the middle market will continue to deliver strong results,” said Thomas Haubenstricker.