L2 Point Management, a San Francisco, CA-based private investment firm that provides capital solutions to growth-stage companies, announced the close of its inaugural structured equity fund, L2Point Opportunities I, L.P., at approximately $312M.
The Fund’s capital, together with capital raised by L2 Point for related co-investment vehicles, totals nearly $460M. The investor base is comprised of institutions including public pension plans, foundations, insurance companies, funds of funds, and high-net worth individuals.
The firm’s strategy aims to provide investors exposure to growth companies with mitigated downside risk through structural protections and contractual returns and meaningful upside potential through equity participation.
Founded by Managing Partner and Chief Investment Officer Kerstin Dittmar, L2 Point is an investment firm that uses its expertise across the capital structure and a structuring approach to tailor financing solutions that seek to optimize the cost of capital for companies across the technology and technology-enabled, consumer, healthcare, and media sectors. The firm’s strategy aims to provide investors exposure to growth companies with mitigated downside risk through structural protections and contractual returns and meaningful upside potential through equity participation.
Since inception, L2 Point has raised more than $500M of capital commitments. The firm’s investments to date include SimSpace, a market leader in military-grade cyber ranges; Wasabi Technologies, a provider of affordable, predictable, and secure cloud storage solutions; Fabletics, a digitally native activewear brand; and Revolution Foods, a provider of healthy, freshly prepared meals to students, families, and communities.
FinSMEs
22/10/2024
