Luminate Capital Partners, a San Francisco-based private equity firm focused on enterprise software companies, has promoted Lucy Li to Partner. In her new role, Li will oversee portfolio performance.
Li joined Luminate in 2022 and most recently served as Managing Director of Strategic Finance.
Prior to Luminate, she worked in finance and business planning at Meta; private equity investing at Genstar Capital; and investment banking at JPMorgan.
Luminate manages almost $2bn, according to a press statement. Its portfolio includes Axonify, Compliance & Risks, Conexiom, LiquidFrameworks, Oversight Systems, PDI, StarCompliance, Ease, Suralink and Thought Industries.