Gemspring Growth Solutions Fund II Secures $1.1B in Oversubscribed Close - USA Herald

Gemspring Growth Solutions Fund II Secures $1.1B in Oversubscribed Close - USA Herald

In a move that signals the unrelenting appetite for growth capital, Gemspring Capital Management LLC announced Tuesday that it has closed its second Gemspring Growth Solutions Fund with $1.1 billion in commitments, more than doubling its predecessor and cementing its position as a rising force in private equity. Tripling the Predecessor The new fund, dubbed Gemspring Growth Solutions Fund II raises $1.1B, tripling its predecessor and targeting mi

Gemspring Capital almost triples debut growth capital fund size with $1.1bn hard cap Fund II close

Connecticut private equity firm Gemspring Capital has scored a big fund size increase for its sophomore growth capital fund, which has hit its $1.1bn hard cap in its first and final close. The new vehicle is almost triple the size of Gemspring Growth Solutions Fund I, raised in 2022, and will continue its strategy of targeting […] The post Gemspring Capital almost triples debut growth capital fund size with $1.1bn hard cap Fund II close appeared…