Jeff Bezos’ brother’s private equity firm, HighPost Capital, 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.
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.
Read more: Private Equity Wire
