August 3, 2017 | Announcements
GCA Advises Radian Capital Partners on $150M Raise for Its Inaugural Private Equity Fund
We are pleased to announce that our client, Radian Capital Partners, LLC, successfully closed its inaugural private equity fund at $150 million, exceeding its original $75 million target.
The growth capital fund, Radian Capital Partners, LP, will focus on software and technology-enabled services investments. The offering was oversubscribed, with the fund closing significantly higher than the original target within only five months of formal marketing.
Radian Capital was founded in 2016 by former Bain Capital Ventures investors Jordan Bettman and Weston Gaddy. The New York-based firm seeks growth investments in capital-efficient companies in the business software and technology-enabled services sectors.
GCA served as the exclusive placement agent to Radian Capital in connection with this fundraise. This deal adds to GCA’s extensive track record as a leading financial advisor in the private funds sector, with multiple successful fundraisings for a variety of private equity strategies. Since 2014, GCA’s private funds group has advised on transactions totaling $3.2B.
GCA is a premier global investment bank serving a broad client base through a range of advisory services including mergers and acquisitions, debt and equity capital markets, private funds, restructuring, and asset management. GCA is a global advisor providing insightful advice and is focused on building long-term relationships based on trust. GCA delivers deep expertise in many key industries and has a particular focus in Technology, Software, Media, Digital Media, Communications, Industrials and Industrial Technology, Healthcare, Financial Institutions, FinTech and Business Services. GCA has teams of highly experienced bankers in San Francisco, New York, Tokyo, Frankfurt, London, Manchester, Milan, Mumbai, Munich, New Delhi, Osaka, Shanghai, Singapore, Tel Aviv and Zurich. For more information, visit gcaglobal.com.