Level Equity Management, LLC, announced final closings of Level Equity Growth Partners V and Level Equity Opportunities Fund 2021, securing $775 million and $350 million respectively in aggregate commitments. Level has raised $3.0 billion across 10 investment funds and co-invest vehicles since 2011 for their three business lines – core growth equity, opportunistic growth, and structured growth.

Level also announced several promotions. Gautam Gupta was promoted to Partner, Chris Isaac to Principal, David Fleishman and Luis Spradley to Vice President, and Austin Feinstein, Vincent Liberi, and Jake Rudolph to Senior Associate.  Gautam joined Level in 2015 from Vista Equity Partners where he worked prior to and after receiving his MBA from The Wharton School. Chris joined Level in 2011 as part of the firm’s first analyst class after graduating from the Stern School at New York University. 

In 2021, Level made new growth equity investments in Chronus, Eftsure, HackEDU, Mytonomy, PassFort, Ready Education, Salesfloor, SchoolPass, SevenFifty and Sunwave, sold CloudCheckr to NetApp , PassFort to Moody’s, MobileCause to Community Brands, HVR to Fivetran and achieved a growth financing of SimPRO by K1 Investment Management as well as public offerings of Made.com and Vacasa.

Read more/Source: PR News