Falfurrias Growth Partners Raises $400M for Inaugural Fund
Summary
FGP received support from both new and existing investors comprising leading global pension plans, asset managers, insurance companies, endowments, foundations, family offices, and high net worth individuals. Founded in 2006 by Hugh McColl Jr., former chairman and CEO of Bank of America; Marc Oken, former CFO of Bank of America; and Managing Partner Ed McMahan, FGP invests in growth-oriented, lower middle-market businesses in the software and business services sectors. Cam Dyer and Michael Clifton joined the firm as Partners. The firm also added Amy Brandt as a Partner and FGP investment committee member. Rounding out the senior team leading FGP, Hugh McColl IV is a Vice President.
Funding
Amount
$400.0M
Total raised
Date
December 12, 2023
Announcement date
Investors
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Lead investors
Company
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Funded company
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