This chart shows what a PE fundraise actually looks like.
Minds Capital - which invests equity in acquisitions led by searchers and independent sponsors - closed Fund 1 in May:
• 6 months of fundraising
• 61 committed investors
• 57 signed investors
• 4 committed investors did not sign (6.6%)
• Fastest signature: <30 minutes
• Slowest signature: ~2 months
• Funding compliance and timeliness: 100%
We received >100 investor inquiries (!) after announcing Fund 1 in late June. However, we decided not to reopen it for these prospective investors because we wanted to focus on deployment and optimize our processes to set ourselves up for maximum long-term success. So far, so good. We haven’t planned or scheduled a potential Fund 2 yet, but register on our website if you want to stay in the loop about potential investment opportunities with or in Minds Capital.
