Meaningful Partners Closes Second Fund at $150M, Reaches $500M AUM
- Editor
- Jan 27
- 2 min read
What's Happening: Meaningful Partners, a Los Angeles-based private equity firm focused on the consumer sector, has closed its second fund, Meaningful Partners Dedicated Capital Vehicle ii LP, with over $150 million in capital commitments. This latest fundraise brings the firm's total assets under management to approximately $500 million.
The Key Moves:
Secured commitments from both existing and new investors, including endowments, foundations, consultants, fund of funds, and family offices.
Fund will focus on control and significant minority investments in consumer businesses across food & beverage, multi-unit services, VMS/Beauty, and home and commercial services sectors.
Firm leverages an Expert Community of 45+ CEOs, founders, and category specialists with over 850 years of domain expertise to accelerate growth and create impact.
By The Numbers :
Second fund closed with over $150 million in capital commitments.
Total assets under management now approximately $500 million.
Investment range from $15 million to $100+ million in lower-middle-market and growth companies.
Key Quotes:
Jake Capps, Co-Founder & Managing Partner: 'We are excited to have closed our second fund and are proud to partner with an extremely high quality group of investors.'
Amin Maredia, Co-Founder & Managing Partner: 'This closing allows us to continue to execute on our strategy and deepen firm operating capabilities for the benefit of accelerating growth and performance at partner companies.'
Meaningful Partners: 'We make control and minority equity investments ranging from $15 million to $100+ million in lower-middle-market and growth companies poised for rapid scaling.'
The Bottom Line: Meaningful Partners' successful closing of its second fund at $150 million demonstrates investor confidence in its consumer-focused strategy and operational approach. With $500 million in total AUM, the firm is well-positioned to pursue its investment strategy in the lower-middle-market consumer sector, leveraging its expert network to drive growth and impact.
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