– Equality Asset Management (EAM), a Boston-based private equity firm, focuses on investing in transformative growth software and technology companies.
– EAM announced the closing of its second fund, EAM Private Equity Partners II, L.P. (EAM Fund II), with $575 million in total capital commitments.
– The Fund was oversubscribed, with demand significantly exceeding its hard cap.
– Jeffrey Del Papa, Co-Founder and Managing Partner, expressed gratitude to investors, the team, and portfolio companies, emphasizing the firm’s focus on executing thoughtfully and creating value.
– The Fund received strong support from both existing and new institutional investors, including a diverse, global base of asset managers, insurance companies, family offices, university endowments, consultants, public and private pensions, and charitable organizations.
– Thomas Roberts, Co-Founder and Managing Partner, highlighted EAM’s vision to build a high-performing private equity firm focused on founder-led software businesses and expressed gratitude to returning and new investors.
– EAM Fund II will continue investing in category-leading enterprise software companies.
– The firm applies its Investor-Operator approach to partnership and value creation, helping portfolio companies accelerate growth, expand capabilities, and scale efficiently.