{"id":652608,"date":"2013-04-16T07:59:51","date_gmt":"2013-04-16T11:59:51","guid":{"rendered":"http:\/\/www.pehub.com\/?p=196580"},"modified":"2013-04-16T07:59:51","modified_gmt":"2013-04-16T11:59:51","slug":"tengram-capital-collects-173-mln-for-fund-i","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/652608","title":{"rendered":"Tengram Capital Collects $173 Mln for Fund I"},"content":{"rendered":"

Tengram Capital Partners<\/strong> has collected $173 million for its first institutional fund. Fund I’s target was $150 million, according to a statement. Mt. Vernon Group<\/strong> and Triple A Partners<\/strong> were placement agents for the pool while White & Case was fund counsel. Founded in 2010, Westport, Conn.-based \u00a0Tengram targets middle market consumer and retail companies.<\/p>\n

PRESS RELEASE<\/p>\n

Tengram Capital
\nPartners LLC (“TCP” or “Tengram”), a private equity firm that invests
\nin leading middle-market consumer companies that own strong,
\nrecognizable brands, has completed the fundraising of it first
\ninstitutional fund. The fund closed with $173 million of commitments,
\nexceeding its target fund size of $150 million.<\/p>\n

TCP received commitments from a broad array of institutional and
\nindividual investors, including endowments, pension plans, alternative
\nasset managers, and large family offices. Matthew Eby, Co- Founder and
\nManaging Partner, commented, “The team at Tengram is thrilled to have
\nthe trust and support of a strong group of long-term investors. We
\nvalue their partnership and look forward to working on their behalf.”<\/p>\n

Tengram was founded in 2010 by William Sweedler and Matthew Eby.
\nRichard Gersten joined as a Partner in 2011. Together, they have spent
\nalmost 50 years operating and investing in branded consumer businesses.
\nTCP’s brand-focused strategy has led to current fund investments in
\nRobert Graham, Sequential Brands Group, NEST Fragrances, and Laura
\nGeller Beauty. William Sweedler, Co-Founder and Managing Partner, said,
\n“Rich, Matt and I have unique, complementary backgrounds that together
\nbring a collective expertise that differentiates our partnership from
\nmany consumer investors. Tengram’s core philosophy is that brands are
\nthe most vital and valuable part of the consumer experience. The
\npartners, along with our consumer focused investment team, will
\ncontinue to attract unique and proprietary investment opportunities in
\nour areas of expertise, including apparel, home, sporting goods,
\nretail, health and beauty, and food and beverage.”<\/p>\n

Tengram partners with exceptional entrepreneurs and operators,
\nproviding the strategic guidance and resources required to effectively
\nactivate and grow their brands. As Richard Gersten, Partner, explained,
\n“We work closely with our management teams and strive to create strong
\npartnerships founded on a basis of trust. Our partnership approach
\nresonates with many founder and family-led businesses that are seeking
\nthe operating expertise and intellectual capital to help grow their
\nbusinesses.”<\/p>\n

Tengram used Mt. Vernon Group and Triple A Partners as placement agents
\nand White & Case as fund counsel.<\/p>\n

ABOUT TENGRAM CAPITAL PARTNERS:<\/p>\n

Tengram Capital Partners, LLC is a private equity firm that focuses
\nexclusively on leading middle-market consumer and retail companies that
\nown strong recognizable brands. The team has a diverse background of
\nconsumer investing and operating expertise that assists and guides
\ncompany management to unlock the true potential of their brand. Tengram
\ninvests in both traditional “growth” and “restructuring\/turnaround”
\nsituations in either the public or private sectors. Previous and
\ncurrent investments for Tengram and its predecessor investment entity,
\nWindsong Brands, LLC, include Laura Geller Beauty, NEST Fragrances,
\nSequential Brands Group, Robert Graham, Joe Boxer, Joe’s Jeans, Field &
\nStream, Design Within Reach, and Cloudveil. Tengram’s website is
\n(www.tengramcapital.com ).<\/p>\n

The post Tengram Capital Collects $173 Mln for Fund I<\/a> appeared first on peHUB<\/a>.<\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Tengram Capital Partners has collected $173 million for its first institutional fund. Fund I’s target was $150 million, according to a statement. Mt. Vernon Group and Triple A Partners were placement agents for the pool while White & Case was fund counsel. Founded in 2010, Westport, Conn.-based \u00a0Tengram targets middle market consumer and retail companies. […]<\/p>\n","protected":false},"author":7426,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-652608","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/652608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7426"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=652608"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/652608\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=652608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=652608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=652608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}