Flexstone Partners’ Global Opportunities IV, has attracted USD322 million of commitments after a first close in November 2020 and has already completed three investments.
With a focused investment strategy – providing increased exposure to high conviction managers in their core areas of expertise – Global Opportunities IV will follow the same strategy and selection processes as its predecessors which all delivered top-quartile track-record2 with significant risk mitigation (loss ratio <4 per cent over 104 co-investments concluded to date).
Global Opportunities IV has already completed investments in three companies:
• A leading direct to consumer weight loss and wellness brand in the US.
• A non-asset-based US freight broker providing full truckload, less than truckload, temperature controlled and flatbed services.
• The second largest vertically integrated funeral services operator in France, operating in a non-cyclical sector with solid underlying growth fundamentals.
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