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Yellow Wood Partners closes Fund III with USD750m of capital commitments

Yellow Wood Partners, a Boston-based private equity firm focused on investing in consumer brands and companies, has closed Yellow Wood Capital Partners III at its target and hard cap of USD750 million in limited partner capital commitments.

The new fund was oversubscribed and included capital commitments from many of Yellow Wood’s long-time limited partners as well as the addition of a small number of new investors comprised of university endowments, family offices and other institutional investors.  

Yellow Wood Fund III continues its strategy of partnering with management teams to grow and operate brands by applying its Consumer Operating DNA to transform brands and companies into category leaders within the consumer space.
Yellow Wood recently completed its first investment from Fund III with the formation of sexual wellness platform Beacon Wellness Brands, which markets and sells sexual wellness devices under the PlusOne® and Deia brands. 

Commitments to Fund III came from a small group of large, sophisticated university endowments, foundations, private pension funds, financial institutions and family offices. The Yellow Wood team is comprised of 14 investment professionals and seven operating partners.
Yellow Wood completed its prior fund in 2017, which was oversubscribed with USD370 million of limited partner capital commitments.

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