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Timber Bay Partners closes Fund II at USD305m

Timber Bay Partners, a specialised private equity investment firm focused on General Partner-led secondary transactions in lower middle market buyout and growth equity businesses — has held the final closing of Timber Bay Partners Fund II, with more than USD305 million in capital commitments, exceeding its target of USD275 million. 

Metric Point Capital (Metric Point) served as the exclusive placement agent for the fundraise.

The firm will continue its strategy of value-oriented investing in high-quality companies by providing highly tailored, partnership-oriented capital solutions to lower middle market private equity sponsors and their portfolio companies.

Joe Woods, Managing Partner of Timber Bay, says: “We are grateful for the partnership with all of our investors. We have honed our business model over the last 13 years which is paying dividends on accessing compelling opportunities. Fund II has already made four investments.”

Brendan Edmonds, Partner at Metric Point, says: “Timber Bay’s proven ability to structure and lead complex transactions, and subsequently add value post-investment resonated with investors.” 

Woods adds: “The Metric Point team gave us great advice and efficiently executed the fundraising process.”

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