HighPost Capital Raises $535 Million for Consumer-Focused Investments
HighPost Capital, LLC ("HighPost"), a leading private investment firm focused on the global consumer sector, today announced the successful close of its inaugural fund, HighPost Capital Fund I ("Fund I" or the "Fund"), at $420 million. HighPost has raised an additional $115 million through affiliated co-investment vehicles to invest alongside Fund I for a total of $535 million in equity to deploy. HighPost's investor base is comprised of some of the world's leading institutions, endowments, family offices, and high net worth individuals.
Founded by David Moross, Chairman and Chief Executive Officer, and Mark Bezos, Partner, HighPost leverages its deep network, industry experience, and rigorous diligence process to identify proprietary, attractive investment opportunities in disruptive and growing businesses across the sports, media, health, wellness, leisure, and lifestyle sectors globally. HighPost's senior investment team and deep bench of skilled operating partners, combined with its strategic capital and operational expertise, enables the firm to drive growth and operational improvements across its portfolio.
HighPost typically targets companies with more than $15 million of EBITDA and $75 million in revenues through control and minority investments in its core sectors. To date, the Fund has made investments in Centr, a personalized digital health and fitness platform curated by Chris Hemsworth, and Inspire Fitness, a leader in state-of-the-art fitness equipment, as well as Magic Spoon, one of the fastest growing DTC brands that has reimaged breakfast cereals, and Spotter, a leading digital creator platform.
Messrs. Moross and Bezos stated: "We launched HighPost in order to capitalize on the significant disruption occurring across global consumer markets and draw on our complementary expertise in brand building and investing in the consumer goods and services, sports, and media sectors over multiple cycles. Importantly, we have sought to build a firm from the ground up that takes a long-term, patient investment approach that is deeply aligned with our LPs, management teams and partners. We are pleased that our investors share our vision and are grateful for their strong support as we seek to execute on the significant opportunities in front of us by driving long-term performance and maximizing value through significant operational improvement."
About HighPost Capital
HighPost Capital, LLC ("HighPost") is a private investment firm focused on the global consumer sector. Led by proven private equity and marketing executives David Moross and Mark Bezos, HighPost seeks to leverage the respective skills, network and experience of its principals to create long-term value for its portfolio companies. HighPost seeks to identify opportunities with family-controlled and entrepreneur-led companies that share a differentiated approach to value creation. For more information, please visit https://www.highpost.com.
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