David Warnock
Inner Harbor-based Camden Partners said it closed its sixth private equity fund with $100 million in commitments from investors after concluding fundraising efforts this month.
The latest fund in the 25-year-old firm’s Strategic Partners series includes pension funds, endowments, foundations and family offices. It also includes a fund of funds, which is private equity that invest assets into other private equity funds.
Through this strategy, Camden focuses on growth-stage companies that are often founder led, and works with the companies to expand cashflow by setting strategy and providing expansion capital. It invests in areas such as software, tech-enabled services, business services, and education. This will be the prime focus after the firm’s venture capital division recently spun out to form Catalio Capital Management.
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