NY-based independent financial services firm Perella Weinberg Partners closed a $600m growth equity fund.
Co-founded by Partners David Ferguson and Chip Baird, who joined the Firm in 2012, PWP Growth Equity fund is a private equity investment strategy focused on primarily U.S.-based growth-oriented companies in the lower middle market, spanning the consumer, services, and industrial sectors.
Current investments include:
– Trench Plate (Acquisition), a provider of government-mandated trench safety equipment to the underground construction industry in the Western U.S. The company operates 12 branches in Southern California, Northern California, Las Vegas, Reno, and Houston.
– Fashion to Figure (Investment), a fast-fashion retail chain dedicated exclusively to plus-size women’s fashion and related accessories, and
– Youfit Health Clubs (Investment), a value-priced fitness chain in America with approximately 80 clubs in 10 states.