Integrum Holdings LP announced the successful close of its second flagship fund, Integrum Capital Partners II LP (Fund II), with $2.5 billion in capital commitments, surpassing both its target and hard cap.
The fund’s oversubscription underscores strong global investor confidence in Integrum’s focused investment strategy and its partnership-driven approach to building long-term value.
Including an additional $500 million from the general partner, affiliated co-investment vehicles, and friends and family, Fund II brings Integrum’s total investment capacity to approximately $3 billion.
Founded by a team of seasoned investors and operators, Integrum focuses on investing in service-oriented businesses across the U.S. economy.
With approximately $5 billion in assets under management, the firm has already invested in six companies, with equity commitments ranging from $100 million to $1.2 billion per transaction. Its strategy emphasizes collaboration with management teams to drive sustainable, organic growth and strengthen competitive positioning.
Fund II drew significant participation from a diverse base of institutional investors, including public and private pension plans, insurance companies, family offices, foundations, sovereign wealth funds, funds of funds, and investment consultants.
Nearly all investors from Fund I recommitted to the second fund, with many increasing their commitments substantially. The speed and scale of the raise demonstrate broad conviction in Integrum’s differentiated model and consistent performance.
Integrum’s leadership team includes Co-Founders Tagar Olson, Ursula Burns, Richard Kunzer, Jeff Livingston, and Kathy Reiland, who together lead the firm’s Investment Committee. Their complementary backgrounds in investing, operations, capital formation, and leadership underpin a cohesive and disciplined approach to value creation. The firm’s focus on integrity, collaboration, and talent development remains central to its mission.
Since its founding, Integrum has built a strong track record of working hand-in-hand with portfolio company management teams to achieve operational excellence and strategic growth. Its first fund demonstrated consistent performance, reinforcing investor confidence in the firm’s high-conviction, partnership-based investment philosophy.
In addition to its investment activities, Integrum’s founders have pledged 10% of their carried interest from both Fund I and Fund II to the Integrum Charitable Foundation, which supports causes meaningful to the firm’s team members through financial contributions and active volunteerism.
KEY QUOTES:
“We have designed Integrum to be the best possible partner for outstanding services companies looking to invest behind talent and innovation. The performance of our Fund I portfolio has validated that strategy, with companies delivering strong organic growth and enhanced strategic value. The performance of our Fund I portfolio has validated that strategy, with companies delivering strong organic growth and enhanced strategic value. Our approach has enabled us to source attractive investment opportunities and develop deep relationships with management teams, which has reinforced investor confidence in our ability to drive long-term and repeatable value creation.”
Tagar Olson, Co-Founder, Integrum
“Since our founding, we’ve done exactly what we set out to do – assemble an experienced, high-integrity group of professionals from all aspects of business who work hand in hand with management to create lasting value. We’ve been fortunate to attract exceptional talent—from recent graduates to deeply experienced investors and operators—who share our values and ambition.”
Ursula Burns, Co-Founder, Integrum
“We are grateful for the continued support of our investors, substantially all of whom re-upped with us and in many cases at a multiple of their Fund I commitment size. The speed and scale of this close speak volumes about the trust and confidence our investors place in our team and strategy. In a competitive market, the speed and scale of this close speaks volumes about the trust and confidence our investors place in our team and strategy.”
Richard Kunzer, Co-Founder, Integrum
