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Laxman Pai, Opalesque Asia: BayPine, a Boston-based midmarket buyout firm led by David Roux (ex-Silver Lake) and Anjan Mukherjee (ex-Blackstone), raised $2.2 billion for its debut fund, exceeding its $2.0 billion target.
Including the invested capital of co-investors participating directly and indirectly alongside the fund, the fund's capital totals approximately $3.0 billion.
According to a press release from the private investment firm that drives digital transformation in market-leading businesses, BayPine Capital Partners Fund I's investor base is comprised of leading global institutions, including public and private pension plans, sovereign wealth funds, endowments and foundations, insurance companies, family offices and high net worth individuals.
BayPine was formed in 2019 by Managing Partners David Roux, Co-Founder, and former Co-CEO and Chairman of Silver Lake, and Anjan Mukherjee, former Senior Managing Director at Blackstone and Counselor to the Secretary and Deputy Assistant Secretary for Financial Institutions at the U.S. Department of the Treasury.
The firm's strategy seeks to instill durable core-economy companies with the execution speed, innovation mindset, and technology infrastructure of leading "new economy" businesses, said the press release.
BayPine's team of established investors and seasoned operators aims to drive value in its portfolio companies by developing and implementing a comprehensive digital transformation agenda, ena...................... To view our full article Click here
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