Consumer brand-focused private equity firm Prelude Growth Partners raised its second fund at $250 million in just over four months with strong support from university endowments, charitable foundations, pension funds and global banks.
Prelude Growth Partners II will commit between $10 million and $40 million to high-growth, disruptive brands that are fueled by the regeneration that is currently underway in the consumer sector. The strategy is similar to Prelude’s inaugural fund, which invests across consumer categories, including personal care, beauty, food and beverage, baby, pet, health and wellness and household.
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