Good Springs Capital LP, a NYC-based non-public funding agency centered on partnering with founders, households, and entrepreneurial administration groups within the industrial and companies sectors, introduced the ultimate shut of its inaugural fund, Good Springs Capital Fund I.
Fund I closed with whole dedicated capital of $570M, bringing Good Springs’ property below administration to roughly $611M. It’s anchored by the Chickasaw Nation and features a various group of buyers.
Led by Managing Companions David Van Geyzel and Udi Toledano, the previous President & CEO and Chairman, respectively, of Alleghany Capital Company, the non-public funding arm of Alleghany Company, which was acquired by Berkshire Hathaway in 2022, Good Springs is a non-public funding agency centered on making management investments in middle-market firms run by founders, households, and entrepreneurial administration groups within the industrial and companies sectors.
Commenting on the information, David Van Geyzel mentioned: “We established Good Springs Capital to increase upon our staff’s profitable historical past partnering with proficient middle-market entrepreneurs within the industrial and companies sectors. Our senior staff has labored collectively for greater than a decade and we’re happy to have surpassed $600M in property below administration inside 18 months since launch. We’re grateful to our anchor investor, the Chickasaw Nation, and to our different buyers for his or her belief and help in offering us the chance to proceed to implement our funding technique and worth creation mannequin.”
VCWire
17/01/2025
