Thayer Street Partners Management, a private investment firm based in New York, has successfully closed its Thayer Street Partners Opportunity Fund II. The fund received total capital commitments exceeding $275 million, surpassing fundraising targets. Existing investors from their debut fund, managed accounts and co-investment vehicles provided support for the new fund which will focus on investing in resilient recurring revenue businesses in the lower middle market.
Josh Koplewicz – founder and managing partner of Thayer Street – commented: “We continue to implement a rigorous and disciplined investment strategy that seeks to focus on a small number of high-quality investments each year. Our aim is to provide flexible capital solutions that support our partner companies’ growth objectives while fostering shared long-term success.” The successful closing of this second opportunity fund marks another milestone for Thayer Street’s continued growth as an investor into resilient businesses across multiple industries.
