Emerging Managers

The program's investors include East Rock Capital, LLC, a U.S. public pension fund, family offices, and financial institutions representing endowment and foundation clients.

Demopolis has already begun doing deals, including this year's investment in Tyfone, a provider of consumer and commercial digital banking services.

The fund will invest in growth-stage companies across the consumer and technology sectors.

Coalesce is one of a handful of new firms in the market seeking capital from limited partners who appear more comfortable sticking with their deepest relationships.

Based in Dallas, Pearl invests in the lower to middle-market North American energy industry.

As well established firms struggle to reach their targets, opportunities may open for emerging firms with smaller targets.

The firm has made three investments out of the debut fund, including in Sequoia Financial Group.

LightBay Fund II's limited partners include state and local pension funds, family offices, foundations, fund of funds, insurers, industry executives and LightBay professionals.

An unusual aspect of LightBay’s funds is that the firm offers a fixed amount of its management fees and carried interest to its LightBay Foundation.

Buyouts has identified 10 intriguing first timers that are today braving a brutal fundraising market. Reflecting an array of backgrounds and strategies, we plan to keep close tabs on them in the months ahead.