Level Equity Management announced the final closing of its most recent growth equity funds Level Equity Growth Partners VI, L.P. (LEGP VI) and Level Equity Opportunities Fund 2025, L.P. (LEOF 2025). These funds closed at their collective cap of $1.4 billion, up from $1.125 billion in their 2021 vintage equity funds. And since 2011, Level has raised $4.5 billion across the firm’s equity and credit business lines.
Level will continue following the same strategy employed since launching, identifying and partnering with high-growth, capital-efficient, software businesses, pursuing both minority and majority investments.
Level significantly invested in its ability to actively assist founders and managers at various stages of scale through to ultimate liquidity with portfolio operations support from Level’s rapidly growing in-house value creation team, NextLevel Operations.
Lazard served as the lead placement agent for the fundraising.
KEY QUOTE:
“It is always flattering to receive significant interest and support from existing and new investors and achieving these closes quickly and successfully in a more cautious fundraising environment was especially gratifying. We are deeply grateful to our existing investor base for their longstanding support and excited to welcome our newest group of investors.”
- Ben Levin, Level co-founder and CEO
