Transaction

Transaction Details

Closed
September 27, 2019

Deal Type

Private Funds Advisory

Deal Value

$300M

Previous Next

GCA Advises Radian Capital Partners on $300M Raise for Its Second Growth Equity Fund

We are pleased to announce that our client, Radian Capital Partners, LLC, successfully closed its second growth equity fund, Radian Capital Partners Fund II, LP (“the Fund”), at $300 million, exceeding its original $250 million target.

The Fund 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 three 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 acted as exclusive placement agent to Radian Capital in connection with this fundraise, as it did with Fund I, which closed for $150M in 2017. 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.

Previous Next
All Transactions