|By PR Newswire||
|December 10, 2013 10:42 AM EST||
NEW YORK, Dec. 10, 2013 /PRNewswire/ -- Level Equity Management, LLC announced today that it closed its second growth equity fund, Level Equity Growth Partners II LP, with commitments of $255 million. Fund II held a single close with participation from leading corporations, endowments, entrepreneurs, family offices, and funds-of-funds.
Level Equity raised its first growth equity fund of $130 million in 2011. The firm invests in growing, capital-efficient businesses in minority and majority transactions.
Level Equity (www.levelequity.com) is based in New York City, has eleven investment professionals and closed nine investments and two liquidity events since 2011. Its principals have invested in 44 growth businesses since 1999.
SOURCE Level Equity