Auldbrass Partners

Auldbrass Partners
IndustryPrivate Equity
FoundedNew York, USA
(2011; 13 years ago (2011))
FounderHoward Sanders
Headquarters
New York City
Areas served
North America, Europe
ProductsPrivate Equity Secondaries
Websitewww.auldbrasspartners.com

Auldbrass Partners is a private equity secondaries firm, founded by Howard Sanders, which spun-out from Citigroup in 2011.[1] Auldbrass Partners has advised/managed over $1.2 billion of global investments in growth, buyout, growth equity, mezzanine and venture capital primarily in U.S. and European-based funds. Auldbrass Partners acquires secondary interests through both LP transactions and GP-led opportunities. Auldbrass Partners is headquartered in New York. Auldbrass is a 100% employee owned, Minority-owned Business Enterprise (MBE).[2]

Investments

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Auldbrass Partners seeks concentrated positions in excellent companies with strong sustainable growth and resilience that can be reasonably expected to achieve liquidity in 3-5 years. Auldbrass Partners has a company focused, data driven approach which targets gross returns of 2.0x MOIC and 20%+ IRRs. Through both direct GP and intermediated relationships built over decades of successful investing, Auldbrass Partners has established a network of 200 funds and 300 general partner/limited partner relationships from which it sources its deals.[3] Auldbrass Partners team members have completed over $5 billion (500 fund transactions) of transactions.[3]

Recent Events

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In April of 2019, Auldbrass Partners completed the final close for Secondary Opportunity Fund II at $185.6 million, which includes $92.9 million of co-investments. Auldbrass Partners closed its Secondary Opportunity Fund I in December 2014; the Fund has not specified a target hard cap. The fund seeks to invest in private equity and hedge fund secondaries globally[4][5]

References

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  1. ^ "Stocks". Bloomberg.com. 2023-05-24. Retrieved 2023-05-24.
  2. ^ "Auldbrass Partners". Auldbrass Partners. Retrieved 2016-05-24.
  3. ^ "Auldbrass Partners". Auldbrass Partners. Retrieved 2020-05-06.
  4. ^ Bison. https://www.bison.co/public/#!/fund/auldbrass-partners-secondary-opportunity-fund
  5. ^ "Auldbrass reels in m for secondaries | AltAssets Private Equity News". 2014-11-26. Retrieved 2023-05-24.

See also

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Auldbrass Partners Website

SecondaryLink Profile