Sunstone Partners Closes Second Fund, at $475M

Sunstone Partners LogoSunstone Partners, a San Mateo, CA-based growth equity firm, closed its second fund, at $475m.

Sunstone Partners II’s investors include university endowments, corporate pension plans, foundations, insurance companies, investment advisors, state and local retirement systems and family offices.

The firm seeks to invest $25 to $75m of equity per portfolio company in founder-owned software and technology-enabled services companies having annual revenue of at least $10 million, often as their first institutional capital partner focusing on four core industry sectors:

  • Cloud,
  • Cybersecurity,
  • Healthcare IT, and
  • Marketing Services.

Since its founding in 2015, the firm has grown to a team of 20 investment professionals, operating executives and administrative personnel. It is led by Managing Directors Gustavo Alberelli, Mike Biggee, and Arneek Multani.

The firm’s Fund I and Fund II together have nearly $800 million of committed capital.

FinSMEs

16/10/2019

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