Cogenuity Partners Closes Debut Fund with $425 Million
- Editor
- Jan 30
- 2 min read
What's Happening: Cogenuity Partners, a lower middle market private equity firm focused on the advanced industrial economy, has closed its inaugural fund, Cogenuity Fund I LP, with $425 million in total capital commitments. The fund, which began fundraising in August, attracted a diverse group of limited partners including endowments, foundations, insurance companies, and funds-of-funds.
The Key Moves:
Cogenuity invests in businesses providing critical products, services, and equipment across high-value manufacturing, infrastructure solutions, critical industrial services and industrial technology.
The firm has already completed two transactions, including an investment in United Safety & Survivability Corporation (USSC).
Cogenuity's Collaborative Operations (CoOp) Program combines investing acumen and operating experience to support portfolio companies.
By The Numbers :
$425 million: Total capital commitments raised for Cogenuity Fund I LP.
2024: Year Cogenuity Partners was founded.
2: Number of transactions already completed by the fund.
Key Quotes:
"We are grateful for the support of our investors who share Cogenuity's conviction in building and supporting advanced industrial businesses essential to our shared future," said Dan Delaney, Managing Partner and Founder.
"At Cogenuity, we have built our team and our Cogenuity CoOp Program in an effort to support the unique needs of our partners," added Daniel Niccum, Managing Partner.
"Powered by our core values of partnership and humility, we are committed to delivering results through forward-thinking solutions," stated Daniel Niccum.
The Bottom Line: Cogenuity Partners' successful fundraise of $425 million for its debut fund demonstrates strong investor interest in its focus on the advanced industrial economy. With two transactions already completed and a collaborative approach to value creation, the firm is positioned to make an impact in the lower middle market private equity space.
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