04.10.18
Sixpoint Partners announced the successful closing of The Huron Flex Equity Fund, L.P., with $142 million of total capital commitments. The Huron Flex Fund, which is the sixth investment vehicle for Huron Capital Partners since 1999, easily surpassed its initial target of $100 million after only seven months in the market. Similar to Huron Capital’s
other funds, The Huron Flex Fund’s diversified investor base includes endowments, foundations, multi-manager funds, corporate pensions and family offices. The Huron Flex Fund received strong support from existing Huron Capital investors as well as a number of new LP relationships.
The Huron Flex Fund is the inaugural expansion of Huron Capital’s established and growing investment platform serving the broader lower middle market. Huron Flex Fund expects to leverage the firm’s deep origination, due diligence, and operating resources to source and execute attractive investment opportunities. Huron Flex Fund will make non-control investments to provide customized and flexible solutions to help business owners accomplish a variety of growth and liquidity objectives. As with the other funds managed through the Huron platform, Huron FlexFund will draw from Huron’s strengths as a value-added partner, using Huron Capital’s broad operational, financial and strategic resources to help businesses grow while allowing some or all of the existing shareholder group to retain its controlling interest. The senior members of the Huron Flex Fund team include Doug Sutton and Charlie Sheridan, who together have a successful 20+ year history of sourcing, closing and managing non-control investments in lower middle market companies.
“Our goal is to leverage our buy-and-build strategy in partnership with seasoned executives to improve and grow our businesses through strategic initiatives, operational improvements and add-on acquisitions throughout the lower middle market,” said Brian Demkowicz, managing partner of Huron Capital. “We are focused on remaining a strategic solution provider to our limited partners.”
other funds, The Huron Flex Fund’s diversified investor base includes endowments, foundations, multi-manager funds, corporate pensions and family offices. The Huron Flex Fund received strong support from existing Huron Capital investors as well as a number of new LP relationships.
The Huron Flex Fund is the inaugural expansion of Huron Capital’s established and growing investment platform serving the broader lower middle market. Huron Flex Fund expects to leverage the firm’s deep origination, due diligence, and operating resources to source and execute attractive investment opportunities. Huron Flex Fund will make non-control investments to provide customized and flexible solutions to help business owners accomplish a variety of growth and liquidity objectives. As with the other funds managed through the Huron platform, Huron FlexFund will draw from Huron’s strengths as a value-added partner, using Huron Capital’s broad operational, financial and strategic resources to help businesses grow while allowing some or all of the existing shareholder group to retain its controlling interest. The senior members of the Huron Flex Fund team include Doug Sutton and Charlie Sheridan, who together have a successful 20+ year history of sourcing, closing and managing non-control investments in lower middle market companies.
“Our goal is to leverage our buy-and-build strategy in partnership with seasoned executives to improve and grow our businesses through strategic initiatives, operational improvements and add-on acquisitions throughout the lower middle market,” said Brian Demkowicz, managing partner of Huron Capital. “We are focused on remaining a strategic solution provider to our limited partners.”
