Rockbridge Growth Equity Management (Rockbridge Growth Equity) has held a final closing on RB Equity Fund II, and RB Equity Fund II-A (collectively Fund II), a new USD345 million private equity fund.
Fund II will focus on digital media & e-commerce, tech-enabled products & services, financial services and consumer services, sectors in which Rockbridge Growth Equity has extensive investment experience and access to strategic relationships.
Fund II follows Rockbridge’s successful Fund I, a secondary vehicle that was raised in 2019. Fund II benefited from a significant increase in commitments from existing investors and from a blue-chip group of new investors. Investors in Fund II include fund-of-funds, corporate and public pensions, financial institutions, consultants, multi-family offices, CEOs, founders and industry executives.
Source: Private Equity Wire
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