NEW YORK, NY — Grays Peak Capital, a global investment firm focused on making strategic investments in consumer and technology focused companies, today announced the final close of the oversubscribed Grays Peak Ventures Fund II. Since inception in 2015, Grays Peak Capital has raised more than $50 million for its private equity funds, special purpose vehicles and co-investments.
“We surpassed our goal of raising Grays Peak Ventures Fund II by all metrics. This represents a significant milestone for Grays Peak Capital and validates the leadership role we expect to provide in growth capital and advisory services to companies in the industry” said Scott Stevens, Founder and CEO of Grays Peak Capital. “With the overwhelming success of Grays Peak Ventures Fund II, we are planning to begin marketing Grays Peak Ventures Fund III with the goal of raising $100 million from institutional investors. The fund will continue to target investments in value-add opportunities in the technology and consumer space.”
Grays Peak Capital has made 20 investments in portfolio companies over the last 12 months. Those companies are on pace to generate in excess of $50 million in Revenue in 2019. This includes a broad group of companies in the technology, media, telecom and consumer space.
Grays Peak Capital has received 5 distributions from portfolio companies so far from its existing funds in 2019.