Gamut Capital Management has closed its debut middle market private equity fund, Gamut Investment Fund I, at USD1 billion, exceeding the fund’s USD750 million target.
Gamut’s flexible investment strategy incorporates leveraged buy-outs, corporate carve-outs, strategic partnerships, and distressed-for-control situations.
The fund’s target investment size ranges from USD50 million to USD150 million with an ability to selectively scale up its capital commitment in partnership with its LPs.
Gamut’s founding partners, Stan Parker and Jordan Zaken, have more than 30 years combined experience investing across sectors, capital structures and cycles. Target industries include agriculture, chemicals, telecom, industrials, mining, power, distribution, technology, energy and transportation.
Parker and Zaken say: “We are thrilled with the strong level of support that we’ve received from our investors and are currently evaluating a wide spectrum of potential investment opportunities.”
UBS Private Funds Group acted as the exclusive placement agent for Gamut. Paul, Weiss, Rifkind, Wharton & Garrison and Katten Muchin Rosenman served as legal counsel to the fund.
