Venture Capital Access Online | The eMarketplace for the Venture Capital Industry

 

Home

Marketplace
Database
News
Store
Resources
Contact Us

 

 

News


VENTURE CAPITAL DIRECTORY | PRIVATE EQUITY DIRECTORY

List of Venture Capital / Private Equity Firms and Sources
Published since 1998, VCPro Database is the most reliable, up-to-date and affordable venture capital directory

2021 NEW EDITION NOW AVAILABLE!
Buy Now for $119.95 with a free annual update in January 2022

Learn More or Buy Now

VCPro Database 2021 24th Edition -- a downloadable and searchable venture capital database with 6,500+ venture capital and private equity firms worldwide. The most reliable, up-to-date and affordable venture capital directory of its kind. VCPro Database is available in both Windows and macOS versions. It has been published since 1998. (Updated JULY 2021)

Learn More or Buy Now




Finback Investment Partners Raises $350 Million in Oversubscribed Debut Private Equity Fund

--Finback Will Pursue Investments that Align with a Positive Societal Impact--

MIAMI, September 14, 2021-- Finback Investment Partners announced today that is has successfully closed on its debut private equity fund, Finback Investment Partners 2021 Fund. The Fund, which was oversubscribed, closed at its hard cap of $350 million, exceeding its initial $250 million target. Finback's fund, raised in three months, includes $38 million in general partner commitments.

Finback's leadership team consists of Co-Founders and Managing Partners Jeb Bush, George Huber, Jack Oliver, and Jeb Bush Jr. The Partners, complemented by a team of private equity professionals, have successfully invested together since 2017, deploying approximately $250 million across 10 portfolio companies. This legacy portfolio has achieved current net returns for investors of 2.5x MOIC and 52.1% IRR.

The new fund expects to make between 10 and 12 investments, each averaging between $20 million and $40 million in equity size, alongside leading private equity firms. Finback will pursue a diverse set of business verticals including business services, information technology, education, healthcare, industrials, digital infrastructure, and financial services.

Across these verticals, Finback will pursue investments that align with a positive societal impact. While it is not the only investment criteria, contributing private capital to address complex social problems will be a key tenet to Finback's decision-making. Through the investment process and portfolio management, the firm is confident it can drive successful outcomes for all stakeholders investors, portfolio companies, employees, and communities.

Jeb Bush, Chairman and Managing Partner of Finback, said of the new fund, "In these extraordinary times, we thank both our existing and new limited partners for their strong support. We now look forward to putting this capital to work in partnership with world class private equity firms to drive value for our portfolio companies, our partners, and our LPs. Our goal is to do all of this while making an important positive impact on society."

Managing Partners George Huber and Jack Oliver added, "Building on the success of our legacy portfolio, we will continue to focus on our competitive edge as it relates to sourcing deals, delivering needle-moving priorities for our portfolio companies, and generating outsized returns to all investors."

About Finback Investment Partners

Finback Investment Partners is a private equity firm that makes active minority investments, alongside leading private equity managers, across middle-market and growth equity companies. Finback targets a wide range of industries and companies that will benefit from the firm's strategic expertise and business development execution. The firm employs an outcomes-orientated approach that leverages its deep relationship network and extensive experience to help unlock value for portfolio companies.

Contact:
Jeffrey Taufield/Todd Fogarty
Kekst CNC
jeffrey.taufield@kekstcnc.com
todd.fogarty@kekstcnc.com
212-521-4800

Andrea Brezing
Finback Investment Partners
andrea@finbackpartners.com
919-475-5409


News Index

Venture Capital Database 

 

 NEWS

Latest VC News
VC News Archive
News Search
RSS News Feed

List Your Firm

Entrepreneurs
Investors
Advisors

Venture Capital Database

VCPro Database
Download Trial
Buy Now

Business Plan Tools

Free Business Plan Template

 

Copyright 1998-2021 Access InterComm  All rights reserved. 
Site Map | Privacy Statement | Legal Notice & Disclaimer