CAZ Investments, a leading global allocator of private equity, has recently made a significant investment of $400 million in Bonaccord Capital Partners’ GP Stakes strategy. This funding represents a step in deepening the strategic partnership between CAZ Investments and Bonaccord Capital Partners, a firm that focuses on non-control investments in prominent middle-market sponsors.
Bonaccord Capital Partners has successfully raised over $2.2 billion in total capital commitments since the start of 2020. This amount includes funds from both co-investments and commingled funds, indicating a robust demand for their investment strategies. Their focus on middle-market sponsors enables them to capitalize on opportunities in companies that demonstrate strong growth potential.
The recent investment by CAZ Investments underscores its significant presence in the GP Stakes ecosystem, where it is regarded as one of the largest allocators worldwide. Investing in GP stakes involves acquiring minority, non-controlling equity positions in leading alternative asset managers. This approach provides investors with a unique opportunity to access attractive, risk-adjusted returns and the potential for sustained, long-term growth.
KEY QUOTES:
“We are thrilled to further our partnership with Bonaccord through our new $400 million commitment. Our continued investment reflects our strong belief in the GP stakes strategy. Bonaccord’s expertise in identifying and partnering with top-tier, middle-market private asset managers aligns with our strategic vision.”
“Our strategic approach with Bonaccord offers significant diversification across various private market strategies and geographies, providing credit yield and equity upside with defensive downside characteristics.”
Christopher Zook, Founder and Chief Investment Officer of CAZ Investments
