TLDR:
- StoneTree Investment Partners closed its debut fund with $155 million in total capital commitments.
- The fund will focus on acquiring controlling equity interests in manufacturing companies.
StoneTree Investment Partners, a Dallas-based private equity firm specializing in buyouts of industrial and manufacturing businesses in the U.S. and Canada, closed its debut fund, StoneTree Investment Partners Fund I, LP, with $155 million in total capital commitments. Despite a challenging fundraising environment, the fund was oversubscribed and reached its hard cap in just over two months. The fund received commitments from a diverse group of leading institutional investors, including investment funds, family offices, foundations, pension funds, endowments, and OCIOs.
The fund will focus on acquiring controlling equity interests in lower middle market industrial businesses, with a particular emphasis on manufacturing companies. StoneTree aims to leverage its operational capabilities and industry expertise to drive profit growth and create attractive career opportunities for employees. StoneTree’s exclusive agent for Fund I was Pacenote Capital, while legal counsel was provided by McGuireWoods.
StoneTree Partner Joel Stanwood expressed excitement about partnering with blue-chip institutional investors and supporting the firm’s mission of ‘Transforming Industrials. Investing in People.’ The fund’s strategic focus on manufacturing companies highlights the firm’s dedication to the industry and creating value through operational improvements.
