Luminate Capital Partners, a San Francisco, CA-based private equity firm, completed its second fund, at $425m.
Luminate Capital Partners II includes a diversified investor base of endowments, foundations, public and corporate pensions, asset management firms, and family offices.
Led by Founder and Managing Partner Hollie Haynes, Luminate is a private equity firm focused on making investments in growing enterprise software companies. The firm partners with management teams to provide flexible capital and operational support to drive strategy, accelerated growth and build long-term value.
It closed its inaugural fund in 2017 with more than $265m of capital commitments.
Moelis & Company LLC was placement agent while Kirkland & Ellis LLP provided legal counsel.