January 2022 – PCIF IV Final Close Announcement

Portfolio Advisors Closes Fourth Co-Investment Fund at $721 Million

Darien, Connecticut – January 2022 – Private markets specialist Portfolio Advisors, LLC (“PA”) is pleased to announce the successful closing of PA Co-Investment Fund IV (“PCIF IV”). The fund held a final closing on December 31, 2021, with total commitments of $721 million, exceeding its $600 million target. PCIF IV received support from existing and new investors, which included pension funds, insurance companies, foundations, endowments, family offices and high net worth individuals both in the U.S. and abroad.

Since making its first investment in July 2020, PCIF IV has already committed approximately 60% of its capital to 25 portfolio companies. The strategy has remained consistent across all funds in the series: partnering with top-tier private equity sponsors to invest in U.S. middle-market companies undergoing buyout or growth equity transactions.

Adam Clemens and Ken Binick lead Portfolio Advisors’ direct equity investment team and have developed a successful track record over the past 14 years, having invested over $1.2 billion in nearly 100 middle-market companies.

“We are extremely grateful for the show of support from both our existing and new investors, and for the active partnerships we have developed with our equity sponsors,” said Clemens.

“Our successful fundraise is a testament to the strength of the Portfolio Advisors’ platform in the U.S. middle market and the broad range of solutions we can offer to both sponsors and clients” said Binick.

In addition to the direct equity investment team, Portfolio Advisors’ direct investment platform also includes its junior and senior credit investment teams. The firm has invested more than $5 billion in direct investment opportunities since inception.

 


About Portfolio Advisors

Portfolio Advisors, LLC is a U.S. middle-market private asset management specialist that builds value for its clients and partners through a variety of investment programs in private equity, private credit and private real estate. Founded in 1994, the firm manages approximately $30.6 billion in assets and is supported globally by more than 120 employees in five offices across North America, Europe and Asia.

Contact:

Adam Clemens, Managing Director, Co-Head of Equity Co-Investment, 203-662-3326 or aclemens@portad.com
Ken Binick, Managing Director, Co-Head of Equity Co-Investment, 203-662-3309 or kbinick@portad.com


Main

9 Old Kings Highway South, Darien, Connecticut 06820

Europe

Brandschenkestrasse 4, 8001 Zurich, Switzerland

Asia

33/F, Alexandra House, 18 Chater Road, Central, Hong Kong