VMG Partners, a San Francisco, CA-based private equity firm, closed VMG Partners V, L.P. at $850m.
With the closing of Fund V, VMG’s assets under management increases to approximately $2.6 billion.
The vehicle will continue to invest in entrepreneurial early and late stage consumer focused companies to build iconic brands.
Ked by Mike Mauzé, General Partner, Robin Tsai, General Partner, and Wayne Wu, General Partner, VMG Partners focuses on partnering with entrepreneurs and managers to support the growth and strategic development of branded consumer product and technology companies through its Growth and Catalyst funds.
The firm currently invests through its Growth and Catalyst funds. Since its inception in 2005, the firm has provided financial resources and strategic guidance to drive growth and value creation in over 40 companies.
In addition to closing the fund, the firm has substantially exited all its portfolio companies in VMG Partners I, L.P. and VMG Partners II, L.P., as well as its third exit of VMG Partners III, L.P. in less than fifteen years as of the end of 2020.