Grays Peak Capital Announces Close of Oversubscribed Private Equity Fund

Industry: Financial Services

New York, NY (PRUnderground) August 6th, 2019

Grays Peak Capital, a global investment firm focused on making strategic investments in consumer and technology focused companies, today announced the final close of the oversubscribed Grays Peak Ventures Fund II.  Since inception in 2015, Grays Peak Capital has raised more than $50 million for its private equity funds, special purpose vehicles and co-investments.

“We surpassed our goal of raising Grays Peak Ventures Fund II by all metrics.  This represents a significant milestone for Grays Peak Capital and validates the leadership role we expect to provide in growth capital and advisory services to companies in the industry.”  said Scott Stevens, Founder and CEO of Grays Peak Capital. “With the overwhelming success of Grays Peak Ventures Fund II, we are planning to begin marketing Grays Peak Ventures Fund III with the goal of raising $100 million from institutional investors.  The fund will continue to target investments in value-add opportunities in the technology and consumer space.”

Grays Peak Capital has made 20 investments in portfolio companies over the last 12 months.  Those companies are on pace to generate in excess of $50 million in Revenue in 2019. This includes a broad group of companies in the technology, media, telecom and consumer space. 

Grays Peak Capital has received 5 distributions from portfolio companies so far from its existing funds in 2019.

Safe Harbor Statement

Except for historical information contained herein, statements in this release may be forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate”, “believe”, “estimate”, “expect”, “intend” and similar expressions, as they relate to Grays Peak Capital (the “Company”) or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the Company’s business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and those risks discussed from time to time in the Company’s filings with the Securities and Exchange Commission. Factors which could cause actual results to differ materially from these forward-looking statements include such factors as (i) the development and protection of our brands and other intellectual property, (ii) the need to raise capital to meet business requirements, (iii) significant fluctuations in marketing expenses, (iv) the ability to achieve and expand significant levels of revenues, or recognize net income, from the sale of our products and services, (v) the Company’s ability to conduct the business if there are changes in laws, regulations, or government policies, (vi) management’s ability to attract and maintain qualified personnel necessary for the development and commercialization of its planned products, and (vii) other information that may be detailed from time to time in the Company’s filings with the United States Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: Grays Peak Capital

Disclaimer:

  • Please consult a registered investment advisor before making any investment 
  • The news site hosting this press release is not associated with Grays Peak Capital. It is merely publishing a press release announcement submitted by a company, without any stated or implied endorsement of the product or service.
  • This is not a solicitation

About Grays Peak Capital

Grays Peak Capital (www.grayspeakcapital.com) Grays Peak is a global alternative investments firm currently managing assets for a diverse investor base of high-net worth individuals, family offices and institutions. Our portfolio includes multinational brands that have created value by disrupting mature industries and embracing technological innovation.

Using a tiered investment process, we are able invest across the capital structure. We express these investments through our funds focusing on Venture Capital, Private Equity and Hedge Fund.

Our goal is to identify and invest in disruptive industry trends focusing on Consumer and Technology. We target industries and sectors that are undergoing disruptive change typically catalyzed by technology. We invest in seed to late-stage and public companies, focusing on consumer and technology, media and telecom companies.
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Contact:

SCOTT STEVENS-CEO

212-506-7050

info@grayspeakcapital.com

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