Small Buyout Strategies
We are dedicated to identifying, critically assessing, and investing in the leading small market, growth-oriented buyout managers in North America. We believe that the small buyout market offers the most compelling investment opportunity for investors that want exposure to high quality, rapidly growing businesses in partnership with knowledgeable and capable equity sponsorship. Our goal is to build well-diversified, thoughtfully constructed portfolios of 14-16 small market buyout funds with differentiated strategies for value creation; we complement that exposure with direct co-investments alongside our managers. Investors gain exposure to both established and next generation managers that have proven, consistent track records of sourcing, developing and realizing investments and have generated strong relative and absolute historical returns for investors. We believe that operational and sector expertise in particular can provide more attractive returns relative to generalist buyout funds without differentiated strategies.
We invest in the leading control-oriented, cash flow-focused, small market buyout managers in North America. We target managers that invest in rapidly growing, entrepreneurial businesses whose enterprise values range from $30 to $300 million and whose revenues range from $15 to $150 million. Our preference is to invest in managers who seek control through majority ownership of the underlying companies. We primarily target managers with differentiated strategies focused on growing parts of U.S. GDP and which require specific domain expertise to exploit opportunities in the following industries : business services, manufacturing, consumer, energy, financial services, healthcare, media, technology and information services.
|Fund Name||Vintage Year||Fund Size||Fund Status|
|Five Points Small Buyout Strategies II||2013||$54M||Currently Managing|
|Five Points Small Buyout Strategies I||2007||$101M*||Currently Managing|
*Fund I totals $144M committed in two separate tranches: $101M in 2007 to warehouse all of Fund I’s portfolio fund investments, and $43M in 2013 to act as a feeder for Fund II. There are no economics or fees associated with the 2013 tranche.