Prelude Growth Partners Closes Second Fund at $250 Million Hard Cap
Raised in Four Months, the Oversubscribed Fund Will Invest in High-Growth Consumer Brands
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NEW YORK, Feb. 25, 2021 /PRNewswire/ Prelude Growth Partners ( Prelude Growth ), a private equity firm focused on high potential, fast-growing consumer brands, today announced that it has closed its second fund, Prelude Growth Partners II, L.P. ( Fund II ), reaching its hard cap of $250 million four months after launching. The oversubscribed fund received strong support from a broad base of prestigious institutional investors including university endowments, charitable foundations, pension funds and global banks.