AUA Private Equity Partners, LLC (“AUA Private Equity” or the “Firm”), a leading consumer private equity firm focused on investing in Hispanic-oriented companies and/or family-owned businesses seeking liquidity or transition is pleased to announce the final closing of AUA Private Equity Fund II, LP and its parallel funds (collectively, “Fund II”) with total capital commitments of $310 million. The Firm exceeded its initial target of $300 million with commitments from existing investors as well as new investor relationships including pension funds, foundations, family offices, Fund of Funds and high net worth individuals.
Fund II will continue AUA Private Equity’s investment strategy of investing in lower middle-market companies in the United States in the Consumer sector. The Firm will make equity investments of $20 million to $75 million in consumer products and consumer services companies where it can provide operational support in transforming family businesses into leading institutional companies. AUA Private Equity utilizes purchase price discipline and employs low leverage to acquire companies focusing on operational improvements rather than financial engineering to deliver returns to investors.
Andy Unanue, Managing Partner of AUA Private Equity stated, “It is with great pride and much appreciation that we announce our oversubscribed final closing for Fund II. We are privileged to have such high-quality partners who support our investment strategy and who continue to view us as stewards of their capital. Our partners appreciate our early adoption of ESG initiatives and commitment to diversity across our management teams and boards as well as our operational expertise that allows us to deliver positive returns to investors while creating value for our owners and partners.”
Read more/Source: PRNewswire
