Anzu Partners Completes Raise of Its First Fund at $128.4 Million
Fund exceeds original target of $100 million for breakthrough industrial technology investments
WASHINGTON, Dec. 6 – Anzu Partners, a venture capital and private equity firm that invests in breakthrough industrial technologies, today announced it has successfully completed fundraising for its first fund, Anzu Industrial Capital Partners L.P. and AICP I Limited, at $128.4 million USD (Anzu Industrial Fund). The fund is investing in U.S. and Canada-based private industrial technology companies that innovate in Manufacturing, Monitoring & Measurement, Modeling, and Materials.
Anzu Partners’ senior leadership comprises Managing Partners David Michael, David Seldin, and Whitney Haring-Smith. The fund’s investors include institutions, family offices, and individuals across the U.S. and overseas. The firm has offices in San Diego, Boston, Washington DC, and Tampa.
“We are pleased with the support from our investors, and the interest in the fund’s focus and approach,” said Whitney Haring-Smith, Managing Partner. “We exceeded our original target of $100 million in commitments for this fund, and our investors include many industry veterans who have seen the impact that breakthrough technologies have in industries such as biopharma, electronics, aerospace, automotive, and others.”
“Only seven percent of venture funding has gone to industrial technology innovations in the past two decades, and highly specialized skillsets are required to provide real value to the inventor teams,” said David Michael, Managing Partner. “We support our portfolio companies with both capital and a robust team of business professionals, engineering specialists, and operational experts, and deeply engage with the management teams to help bring these breakthrough technologies to global industrial markets.”
To learn more about Anzu Partners, the Anzu Industrial Fund, and its portfolio companies, please visit https://anzupartners.com.
About Anzu Partners
Anzu Partners is a venture capital and private equity firm that invests in breakthrough industrial technologies. We team with entrepreneurs to develop and commercialize technological innovations by providing capital and deep expertise in business development, market positioning, global connectivity, and operations. For more information, please visit https://anzupartners.com.
Anzu Partners is providing this press release for informational purposes only. This is neither an offer to sell nor a solicitation for an offer to buy an interest in any fund managed by Anzu Partners. The interests in the Anzu Industrial Fund have not been recommended, approved or disapproved by the U.S. Securities and Exchange Commission (SEC) or by the securities regulatory authority of any state or of any other U.S. or non-U.S. jurisdiction, including but not limited to Canada, nor has the SEC or any such securities regulatory authority passed upon the accuracy or adequacy of this document. Investment in any security involves substantial risk. This press release only provides a partial list of the investments made by Anzu Industrial Fund and does not purport to list all investments made by, or that will be made by, it. Anzu Partners is under no obligation to update any of the information set forth herein. Additionally, no guarantee is being given that any investment recommendation made by Anzu Partners will be profitable. This press release includes forward-looking statements that represent Anzu Partners’ opinions, expectations, believes, intentions, estimates, or strategies regarding the future, which may not be realized. These statements may be identified by the use of words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “will,” “should,” “seek,” and similar expressions. These forward-looking statements reflect Anzu Partners’ view and assumptions with respect to future events and are subject to risks and uncertainties. Actual and future results and trends could differ materially from those described by such statements due to various factors, including those beyond Anzu Partners’ ability to control or predict. Given these uncertainties, undue reliance should not be placed on forward-looking statements. Anzu Partners does not guarantee that the events described in this press release will happen as described.