Emerging Managers

Rising Point's decision early on to operate as an independent sponsor 'played a big part' in the success of Fund I, partner Michael Drai told Buyouts.

While spin-out sourcing and diligence can be challenging, there is significant upside when you back the right managers early in their firm-building journey, says Taproot Capital’s co-founder and CEO, Eric Zoller.

Fund VI’s target size marks a 25% increase from its predecessor, which closed in 2024 with $600m of capital.

NSP has already succeeded in raising nearly three-quarters of the fund's target – closing on $110m this month, sources told Buyouts.

The Pittsburgh-based firm beat its initial target by nearly half.

'Sector expertise is important, but we don't believe it's enough,' says one of the firm’s managing partners

Liquidity is central to Wafra’s decision when forming partnerships with new groups, as well as existing ones.

Maple Park was founded in 2024 by managing partners Alex Blankfein and Andrew Lauck not long after the pair departed RedBird, where they co-led consumer services investing.

Amphora was founded last year under the leadership of managing partners Nick DiCarlo and David West, both veterans of consumer products investing.

Anchor and seed capital appear to be playing an enhanced role in the fundraising of emerging managers, particularly those in the market with a debut vehicle.