Gamut Capital Management, a New York-based private equity firm exclusively focused on the middle market, successfully closed its maiden fund, at $1 billion.
Gamut Investment Fund I, L.P., which exceeded its $750m target, plans to make investment ranging from $50m to $150m in companies qorking in such industries as agriculture, chemicals, telecom, industrials, mining, power, distribution, technology, energy and transportation.
Gamut’s flexible investment strategy incorporates leveraged buy-outs, corporate carve-outs, strategic partnerships, and distressed-for-control situations.
Co-founders are Stan Parker and Jordan Zaken, who have 30 years of combined private equity and investment experience across cycles, and, prior to launching Gamut in 2015, were Senior Partners at Apollo Global Management.
UBS Private Funds Group acted as the exclusive placement agent for Gamut. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Katten Muchin Rosenman LLP served as legal counsel to the Fund.