Knox Lane, a San Francisco, CA-based growth-oriented investment firm, announced the final close of its second institutional fund, KLC Fund II, with $1 Billion in total commitments.
The fund received support from existing and new investors and saw a 64% increase in fund size over Knox Lane’s first fund, which was $610M. With the close of KLC II, Knox Lane now manages approximately $3 Billion.
KLC II will continue the firm’s focused strategy of partnering with differentiated businesses within attractive end-markets where the team has experience and can utilize the firm’s hands-on engagement model to help businesses and management teams optimize operations and accelerate transformational growth.
Knox Lane has completed eight platform investments and approximately 40 add-on acquisitions, including two investments out of KLC II – Guardian Fire Services, a provider of fire and life safety services; and All Star Healthcare Solutions, a full-service healthcare staffing firm focused exclusively on the locum tenens market.
To support its expanding portfolio and the execution of its strategy, Knox Lane recently made a number of senior appointments to its team, now comprising 25 full-time professionals and 12 industry advisors. Recent appointments include:
- Bek Chee, Head of Talent, formerly Head of Talent at Atlassian and Chief People Officer at TCV;
- Ryan Buntain, Head of Investor Relations, formerly Managing Director and Senior Relationship Manager at Carlyle;
- Chris Barry, Vice President, formerly an investment professional at Genstar Capital;
- Robert He, Vice President, formerly an investment professional at GI Partners.
Led by John Bailey, Managing Partner, Knox Lane is a growth-oriented investment firm comprised of a team of accomplished investors and operators with a shared work history and a track record of partnering with companies to accelerate transformational growth. It employs an investor-operator mindset and seeks to provide support across a number of business components, including human capital, brand management, end-to-end digital transformation, sourcing, supply chain and logistics, strategic acquisitions and business development.
FinSMEs
05/08/2024