– Painswick Capital Management LP (“Painswick”) announced the final close of its inaugural fund, Painswick Capital Fund I LP, with total commitments of approximately $1.5 billion.
The fund exceeded its initial target of $750 million, attracting a diverse global investor base, including:
▪️Pension funds
▪️Insurance companies
▪️Asset managers
▪️Foundations and endowments
▪️Family offices
▪️High-net-worth individuals
– Painswick was founded in 2024 by John L. Garcia, Chairman and former CEO of AEA Investors.
– The firm is a specialist investment firm focused on the rapidly growing single-asset continuation vehicle market.
– Painswick’s strategy involves partnering with high-performing management teams, companies, and sponsors.
– The team utilizes its global network and private equity underwriting experience to identify attractive, risk-adjusted opportunities.
– John Garcia, Founder and Managing Partner of Painswick: “We are pleased to close our debut fund well above our target raise, which is a testament to the strategy, the experience of our team, and the increasing realization by investors of the attractiveness of this growing market.”
– With Fund I, Painswick aims to be a scaled and differentiated partner offering a disciplined strategy targeting compelling returns.
– Since its founding, Painswick has completed four investments across various industries in North America and Europe.
