BONACCORD CAPITAL PARTNERS


Associated tags: PX, Financial services

Bonaccord Capital Partners Acquires Minority Interest in Lead Edge Capital

Retrieved on: 
Wednesday, April 24, 2024

DALLAS, April 24, 2024 (GLOBE NEWSWIRE) -- P10, Inc. (NYSE: PX), a leading private markets solutions provider, today announced that its affiliated manager, Bonaccord Capital Partners (“Bonaccord”), a private equity business focused on providing growth capital to exceptional mid-market private markets sponsors, has acquired a passive minority equity interest in Lead Edge Capital (“Lead Edge”), a growth equity firm focused on investing in market-leading software, internet, consumer, and tech-enabled businesses globally.

Key Points: 
  • DALLAS, April 24, 2024 (GLOBE NEWSWIRE) -- P10, Inc. (NYSE: PX), a leading private markets solutions provider, today announced that its affiliated manager, Bonaccord Capital Partners (“Bonaccord”), a private equity business focused on providing growth capital to exceptional mid-market private markets sponsors, has acquired a passive minority equity interest in Lead Edge Capital (“Lead Edge”), a growth equity firm focused on investing in market-leading software, internet, consumer, and tech-enabled businesses globally.
  • “On behalf of P10, we applaud Bonaccord on its investment in Lead Edge Capital,” said Luke Sarsfield, P10 Chief Executive Officer.
  • “Lead Edge Capital’s ability to leverage its strategic investor base and drive tangible, value-added growth across its portfolio is unique and exceptional,” said Ajay Chitkara, Managing Partner of Bonaccord.
  • Kirkland & Ellis LLP and Goodwin Procter LLP acted as legal counsel to Lead Edge Capital and Fried, Frank, Harris, Shriver & Jacobson LLP advised Bonaccord.

Bonaccord Capital Partners Announces Strategic Minority Investment in Lead Edge Capital

Retrieved on: 
Monday, April 22, 2024

NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) -- Bonaccord Capital Partners (“Bonaccord”), a private equity business focused on providing growth capital to exceptional mid-market private markets sponsors, today announced that it has acquired a passive minority equity interest in Lead Edge Capital (“Lead Edge”), a growth equity firm focused on investing in market-leading software, internet, consumer, and tech-enabled businesses globally.

Key Points: 
  • NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) -- Bonaccord Capital Partners (“Bonaccord”), a private equity business focused on providing growth capital to exceptional mid-market private markets sponsors, today announced that it has acquired a passive minority equity interest in Lead Edge Capital (“Lead Edge”), a growth equity firm focused on investing in market-leading software, internet, consumer, and tech-enabled businesses globally.
  • Bonaccord’s investment and strategic development platform will support Lead Edge’s value creation initiatives and further growth.
  • “We are pleased to announce our strategic partnership with Bonaccord, which is a critical step in Lead Edge’s continued growth and scalability,” said Mitchell Green, Founder and Managing Partner of Lead Edge.
  • Kirkland & Ellis LLP and Goodwin Procter LLP acted as legal counsel to Lead Edge Capital and Fried, Frank, Harris, Shriver & Jacobson LLP advised Bonaccord.

Bonaccord Capital Partners Announces JP Armenio as Managing Director and Head of Client Strategies

Retrieved on: 
Tuesday, February 20, 2024

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Bonaccord Capital Partners, a private equity business focused on providing growth capital to exceptional mid-market private markets sponsors, is pleased to announce that JP Armenio has joined the firm as a Managing Director and Head of Client Strategies.

Key Points: 
  • NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Bonaccord Capital Partners, a private equity business focused on providing growth capital to exceptional mid-market private markets sponsors, is pleased to announce that JP Armenio has joined the firm as a Managing Director and Head of Client Strategies.
  • JP has close to 30 years of experience as a global operator and asset manager.
  • Most recently, JP was the Global Head of Institutional Business at FS Investments, which included a focus on the strategic RIA and family office channels.
  • “As a seasoned leader and operator, JP has exceptional experience as a trusted advisor to both global institutional investors and investment managers,” said Ajay Chitkara, Managing Partner at Bonaccord Capital Partners.

Kayne Anderson Private Credit Announces Strategic Minority Investment From Bonaccord Capital Partners

Retrieved on: 
Monday, November 13, 2023

CHICAGO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Private Credit (“KAPC” or the "Firm"), a middle-market private credit platform with $6 billion of assets under management, is pleased to announce that Bonaccord Capital Partners (“Bonaccord” or “BCP”) has made a passive minority investment in the Firm.

Key Points: 
  • CHICAGO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Private Credit (“KAPC” or the "Firm"), a middle-market private credit platform with $6 billion of assets under management, is pleased to announce that Bonaccord Capital Partners (“Bonaccord” or “BCP”) has made a passive minority investment in the Firm.
  • Ken Leonard, Co-Head of Kayne Anderson Private Credit commented, “Today’s announcement represents an exciting step in Kayne Anderson Private Credit’s evolution, and we are very pleased that Bonaccord is a minority partner in our business.”
    “Bonaccord’s value creation expertise will be a critical element in our strategic toolkit as we focus on continuing to build our platform of private credit offerings that serve our limited partners with reliable capital solutions,” said Doug Goodwillie, Co-Head of Kayne Anderson Private Credit.
  • “Kayne Anderson Private Credit has built a first-class private credit platform led by an exceptional management and investment team that has consistently generated stable, strong returns on behalf of its investors,” said Ajay Chitkara, Managing Partner at Bonaccord Capital Partners.
  • “We are excited to be Kayne Anderson Private Credit’s partner of choice and look forward to supporting the Firm’s ongoing success.”
    Moelis & Company LLC served as financial adviser to Kayne Anderson Private Credit.

Bonaccord Capital Partners Announces Oliver Wriedt as Operating Partner

Retrieved on: 
Wednesday, November 8, 2023

NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Bonaccord Capital Partners, a private equity business focused on acquiring non-control equity interests in middle-market private markets sponsors, is pleased to announce that Oliver Wriedt has joined the firm as an Operating Partner.

Key Points: 
  • NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Bonaccord Capital Partners, a private equity business focused on acquiring non-control equity interests in middle-market private markets sponsors, is pleased to announce that Oliver Wriedt has joined the firm as an Operating Partner.
  • Oliver will support BCP and its partner sponsors by providing strategic guidance and direction as well as operational expertise to help drive value creation initiatives across the Bonaccord Capital Partners ecosystem.
  • Currently, Oliver is a Managing Partner at DoubleSpring Capital and HighKey Capital, as well as the President and Head of Capital Markets for 10X Capital Venture Acquisition Corporation II and III, two publicly traded SPACs.
  • “We are very excited to welcome Oliver to our team as we continue to grow Bonaccord’s global operating partner network, which is now represented across North America, Europe, and Asia,” said Ajay Chitkara, Managing Partner at Bonaccord Capital Partners.

Bonaccord Capital Partners Enters Strategic Partnership with Asia Heritage to Further Strategic Development Efforts; Announces Chris Lerner as Operating Partner

Retrieved on: 
Thursday, June 8, 2023

The Bonaccord Asia Heritage partnership will provide support to Bonaccord’s portfolio companies in crafting and executing capital formation initiatives in Asia – a critical growth market for private markets allocations.

Key Points: 
  • The Bonaccord Asia Heritage partnership will provide support to Bonaccord’s portfolio companies in crafting and executing capital formation initiatives in Asia – a critical growth market for private markets allocations.
  • Previously, Chris was a Managing Partner at MSA Capital and a global Partner and Head of Asia for Eaton Partners.
  • “We are excited to build upon our established relationship with Chris and the Asia Heritage team to support our portfolio companies’ strategic objectives in Asia.
  • Asia Heritage and its dedicated team in Singapore will be a partner and representative of Bonaccord in Asia with the goal of providing strategic support to Bonaccord and its global portfolio companies.

Douglas Meyer Joins Bonaccord Capital Partners as Managing Director and Global Head of Strategic Development

Retrieved on: 
Monday, January 9, 2023

NEW YORK, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Bonaccord Capital Partners, a private equity business focused on acquiring non-control equity interests in middle-market private markets sponsors, is pleased to announce that Doug Meyer has joined the firm as Managing Director and Global Head of Strategic Development.

Key Points: 
  • NEW YORK, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Bonaccord Capital Partners, a private equity business focused on acquiring non-control equity interests in middle-market private markets sponsors, is pleased to announce that Doug Meyer has joined the firm as Managing Director and Global Head of Strategic Development.
  • Mr. Meyer will lead our strategic development effort globally, supporting value creation initiatives with Bonaccord portfolio companies.
  • “We are delighted to welcome Doug to Bonaccord Capital Partners to lead the firm through its next phase of international development,” said Ajay Chitkara, Managing Partner at Bonaccord Capital Partners.
  • “Doug’s 25+ years of institutional experience in global product management and distribution across public and private market strategies will be integral to the development of our global strategic development capabilities.

Peter McKellar Joins Bonaccord Capital Partners as Operating Partner

Retrieved on: 
Thursday, November 3, 2022

NEW YORK, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Bonaccord Capital Partners, a private equity business focused on acquiring non-control equity interests in middle-market private markets sponsors, is pleased to announce that Peter McKellar has joined the firm as an Operating Partner.

Key Points: 
  • NEW YORK, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Bonaccord Capital Partners, a private equity business focused on acquiring non-control equity interests in middle-market private markets sponsors, is pleased to announce that Peter McKellar has joined the firm as an Operating Partner.
  • In a few short years, Bonaccord has built a portfolio of exceptional middle-market sponsors, and I am excited to help the firm as an Operating Partner to support Bonaccord and its partner firms, said Peter McKellar.
  • Bonaccord Capital Partners (BCP) is a private equity firm focused on acquiring non-control equity interests in middle-market private markets sponsors spanning private equity, private credit, and real estate and real assets.
  • Bonaccord Capital Partners is a part of P10, Inc. (NYSE: PX), a leading multi-asset class private markets solutions provider in the alternative asset management industry.

Bonaccord Capital Partners Announces Strategic Minority Investment in VMG Partners

Retrieved on: 
Wednesday, November 2, 2022

Bonaccord will serve as a strategic partner to VMG, and the investment will have no impact on the day-to-day management or operations of the firm.

Key Points: 
  • Bonaccord will serve as a strategic partner to VMG, and the investment will have no impact on the day-to-day management or operations of the firm.
  • We believe VMG is an exceptional private equity and venture capital firm with a remarkable track record of delivering results to its limited partners by supporting the development of disruptive brands and technologies, said Ajay Chitkara, Managing Partner at Bonaccord Capital Partners.
  • Houlihan Lokey, Inc. served as financial advisor to VMG Partners, and Latham & Watkins LLP served as legal counsel to VMG.
  • VMG Partners (VMG) is focused on partnering with entrepreneurs and managers to support the growth and strategic development of leading branded consumer product and technology companies.