Program Partners: Private Equity

Current Strategies

  • Growth Equity
  • Small Buyout
  • Opportunistic

Program Partners

HarbourVest Horizon
Private Equity Program
One Financial Center
Boston, MA 02111
(617) 348-3541
www.harbourvest.com/expertise/emerging-diverse-investment

https://www.harbourvest.com/expertise/emerging-diverse-investment

Leadership: Craig Fowler, Edward Powers, and Sanjiv Shah
Email: [email protected], [email protected], and [email protected]

Muller & Monroe Asset Management, LLC
Private Equity Program
180 North Stetson Avenue, Suite 1320
Chicago, IL 60601
(312) 782-7771
www.m2am.com

Leadership: André Rice and Rendel Solomon
Email: [email protected], [email protected]


Co-Invest Program

Farol Asset Management
Private Equity Co-Investment Program
540 Madison Ave, 21st Floor
New York, NY 10022
(646) 507-5927
www.farolam.com

Leadership: Robert Azeke, Douglas Kelly
Emails: [email protected], [email protected]

Sample commitment: $5 million to $25 million


Program Guidelines

Life-Cycle Stage: Early & Mid-Stage
Structure: Funds
Managed by: Program Partners
Firm AUM typically less than $1 billion at the time of commitment
Typical fund size less than $500 million, 1st, 2nd or 3rd institutional fund
Sample commitment: $10 million to $30 million

Life-Cycle Stage: Late-Stage, Transition
Structure: Funds
Managed by: NYSCRF Direct, Program Partners
Firm AUM typically less than $3 billion at the time of commitment
Fund size typically less than $2 billion
Typically, successor allocations to existing early and mid-stage emerging managers
Sample commitment: $50 million to $80 million

Please also refer to additional guidelines: Emerging Manager Definition and Life-Cycle Stages