HighPost Capital (HighPost), a private investment firm focused on the global consumer sector, has closed its inaugural fund, HighPost Capital Fund I (Fund I) at $420 million.
HighPost has raised an additional $115 million through affiliated co-investment vehicles to invest alongside Fund I for a total of $535 million in equity to deploy. HighPost’s investor base is comprised of some of the world’s leading institutions, endowments, family offices, and high net worth individuals.
Founded by David Moross, chairman and chief executive officer, and Mark Bezos, partner, HighPost leverages its deep network, industry experience, and rigorous diligence process to identify proprietary, attractive investment opportunities in disruptive and growing businesses across the sports, media, health, wellness, leisure, and lifestyle sectors globally. HighPost’s senior investment team and deep bench of skilled operating partners, combined with its strategic capital and operational expertise, enables the firm to drive growth and operational improvements across its portfolio.
HighPost typically targets companies with more than $15 million of EBITDA and $75 million in revenues through control and minority investments in its core sectors. To date, the Fund has made investments in Centr, a personalized digital health and fitness platform curated by Chris Hemsworth, and Inspire Fitness, a leader in state-of-the-art fitness equipment, as well as Magic Spoon, one of the fastest growing DTC brands that has reimaged breakfast cereals, and Spotter, a leading digital creator platform.