Lone View Capital, a Los Angeles, CA-based private equity firm investing across the technology ecosystem, raised $850M for its inaugural fund.
Fund I is backed by a diverse group of experienced investors, including university endowments, sovereign wealth funds, charitable foundations, pension funds, asset managers, insurance companies and family offices and brought Lone View’s assets under management to approximately $1.1 Billion.
Co-founded by Rishi Chandna and Doug Ceto, who worked closely together at Golden Gate Capital, where they led the Software & Services vertical, also joined by Jim Schaper, an experienced multi-time CEO and former Operating Executive at Golden Gate Capital, Lone View is a growth-oriented private equity firm investing in technology businesses. Its team comprises both investors and operators who leverage their deep domain expertise to help management teams build, transform and grow businesses.
Thus far, Fund I has completed platform investments in:
- TREND Health Partners, a leader in credit balance management and payment accuracy solutions for healthcare payers and providers, and
- Smartlinx, a leader in workforce management software for post-acute and long-term care facilities.
FinSMEs
11/04/2024