Rockbridge Growth Equity Closes Second Private Equity Fund, at $345M
Detroit, MI-based
Rockbridge Growth Equity Management, L.P., closed RB Equity Fund II, L.P, and RB Equity Fund II-A, L.P., collectively “Fund II”, at $345m.
Fund II, which follows Rockbridge’s Fund I, a secondary vehicle that was raised in 2019, received support from include fund-of-funds, corporate and public pensions, financial institutions, consultants, multi-family offices, CEOs, founders and industry executives.
Fund II focuses on digital media & e-commerce, tech-enabled products & services, financial services and consumer services.
Fund II has already made four platform investments:
ProSites, a provider of subscription-based digital marketing solutions to community professionals such as dentists, CPAs, and other medical providers across North America;