CAZ Investments, a Houston-based alternative investments firm, has made a $400m commitment to the GP Stakes strategy of Bonaccord Capital Partners, a private equity firm specialising in non-control investments in leading middle-market sponsors.
Since 2020, Bonaccord has secured over $2.2bn in aggregate capital commitments across commingled funds and co-investments. CAZ Investments is one of the world’s largest allocators to GP Stakes, and one of the top 120 allocators to private equity worldwide, with over $10bn in assets currently deployed.
Founder and Chief Investment Officer of CAZ Investments Christopher Zook said that the approach with Bonaccord offers “significant diversification across various private market strategies and geographies, providing credit yield and equity upside with defensive downside characteristics”.
