Anzu Partners has closed its inaugural fund at $128.4 million. Anzu Industrial Capital Partners LP will invest in American and Canadian private industrial technology companies. The fund’s limited partners include institutions, family offices and individuals in the U.S. and overseas.
WASHINGTON, Dec. 6, 2017 /PRNewswire/ — Anzu Partners, a venture capital and private equity firm that invests in breakthrough industrial technologies, today announced it has successfully completed fundraising for its first fund, Anzu Industrial Capital Partners L.P. and AICP I Limited, at $128.4 million USD (Anzu Industrial Fund). The fund is investing in U.S. and Canada-based private industrial technology companies that innovate in Manufacturing, Monitoring & Measurement, Modeling, and Materials.
Anzu Partners’ senior leadership comprises Managing Partners David Michael, David Seldin, and Whitney Haring-Smith. The fund’s investors include institutions, family offices, and individuals across the U.S. and overseas. The firm has offices in San Diego, Boston, Washington DC, and Tampa.
“We are pleased with the support from our investors, and the interest in the fund’s focus and approach,” said Whitney Haring-Smith, Managing Partner. “We exceeded our original target of $100 million in commitments for this fund, and our investors include many industry veterans who have seen the impact that breakthrough technologies have in industries such as biopharma, electronics, aerospace, automotive, and others.”
“Only seven percent of venture funding has gone to industrial technology innovations in the past two decades, and highly specialized skillsets are required to provide real value to the inventor teams,” said David Michael, Managing Partner. “We support our portfolio companies with both capital and a robust team of business professionals, engineering specialists, and operational experts, and deeply engage with the management teams to help bring these breakthrough technologies to global industrial markets.”
To learn more about Anzu Partners, the Anzu Industrial Fund, and its portfolio companies, please visit https://anzupartners.com.
About Anzu Partners
Anzu Partners is a venture capital and private equity firm that invests in breakthrough industrial technologies. We team with entrepreneurs to develop and commercialize technological innovations by providing capital and deep expertise in business development, market positioning, global connectivity, and operations. For more information, please visit https://anzupartners.com.