Blue Sage Capital, an Austin, Texas-based private investment firm, has closed its oversubscribed second fund with commitments totalling USD150m, 50 per cent above target, with the help of Navatar Private Equity CRM.
Blue Sage Capital specialises in growth, recapitalisation and buyout financings of smaller middle market companies based in Texas and the Southwest.
Their investors include a diverse group of limited partners such as large financial institutions, private equity fund of funds, prominent family offices, endowed trusts and government entities.
The Blue Sage fundraising team was assisted by Navatar Private Equity CRM which also helps Blue Sage manage deal flow, portfolio and capital calls/distributions in addition to fundraising and investor relations.
"Navatar provides a top notch product and a great support team," says Peter Huff, founder and managing member, Blue Sage. "They provide the latest technology which is critical to our mission of building and managing great companies."
"Blue Sage is a respected fund in the private equity industry and we are pleased to help them deliver great fundraising results without investing in IT staff, consultants or hardware/software," says Ketan Khandkar, principal, Navatar Group.
