Glade Brook Capital Partners (Glade Brook), a global growth equity investment firm, has held the final closing of Glade Brook Strategic Growth III (SG III), an oversubscribed $430 million fund focused on growth equity investments at the Series B and C stages.
Glade Brook Capital Partners (Glade Brook), a global growth equity investment firm, has held the final closing of Glade Brook Strategic Growth III (SG III), an oversubscribed $430 million fund focused on growth equity investments at the Series B and C stages.
Through SG III, Glade Brook will seek to partner with 12-15 portfolio companies over the 2022-2024 investment period, focusing on emerging leaders across software, e-commerce, fintech, web3, internet, digital health and digital media.
More than 90% of SG III commitments are from Glade Brook’s existing partners across the globe, including leaders from the sovereign wealth, endowment, insurance, family office, RIA and technology founder communities. These partners drove 80% growth in assets under management from Glade Brook’s prior fund.