Blue Sage Capital, an Austin, TX-based lower-middle market private equity firm, announced the final close of Blue Sage Capital IV, L.P., at $618M including a substantial commitment from the General Partner.
The fund was backed by a global group of Limited Partners including well-known college/university endowments, charitable foundations, pension funds, large family offices, insurance companies, and entrepreneurial individuals. Many of the Limited Partners have now partnered with Blue Sage across multiple prior funds, some going back to the firm’s founding almost 25 years ago.
The fund continues Blue Sage’s strategy of partnering with founders, families, and management teams in high-potential lower-middle market businesses. As with prior Blue Sage funds, Fund IV focuses on investment partnerships with environmental solutions, niche manufacturing, and specialty services companies in North America, particularly in Texas, the Southwest, and the Midwest.
With Fund IV closed, the firm has now raised over $1.2 Billion during its history.
Led by Peter Huff, Founder and Managing Partner, Blue Sage Capital is a private equity firm that has been investing in profitable and growing lower middle-market companies since 2002. Blue Sage seeks to partner with founders, families, and management teams as the first round of institutional capital for businesses that enjoy leadership positions in niche manufacturing, environmental solutions, or specialty services industries. Blue Sage will invest $25 million to $60 million in control buyout investments and recapitalizations of companies with $25 million to $200 million of revenue.
FinSMEs
31/01/2025