Monomoy Capital Partners Raises $589 Million in First Family Fund as GP and Affiliates Commit $89 Million

Monomoy Capital Partners has closed its first Monomoy Family Fund, raising $589 million in total commitments, including $89 million contributed by the firm’s general partner (GP) and its affiliates.

The New York City-based private investment firm said the fund attracted commitments from its existing investor base, comprising endowments, foundations, pension plans, insurance companies and family offices.

Fund to Target Middle-Market Businesses

Monomoy Family Fund will invest in companies that can benefit from the firm’s in-house operational expertise.

Its investment strategy focuses on manufacturing, distribution and services businesses operating across the industrial and consumer products sectors in North America.

The firm’s operating team will work alongside investment professionals and management teams at portfolio companies to develop and implement tailored value-creation initiatives.

These efforts will focus on strengthening existing business foundations and supporting sustainable, long-term growth.

New Fund Expands Monomoy’s Investment Reach

With the addition of the inaugural Family Fund to its flagship Monomoy Capital Partners Fund V, the firm can now partner with businesses generating annual earnings before interest, taxes, depreciation and amortisation (EBITDA) ranging from $15 million to more than $250 million.

Monomoy Manages More Than $6 Billion in Assets

Monomoy Capital Partners is a private investment firm specialising in private equity and credit investments in the middle market.

Across its family of investment funds, the firm manages more than $6 billion in assets.