Los Angeles-based Diversis Capital Management closed its second fund at $675 million after only three months of fundraising.
Diversis Capital Partners II exceeded the inaugural fund’s asset commitments of $255 million in 2019. The software and technology-enabled service organizations-focused strategy continues with portfolio investments being made in North America and selectively in Europe and Australia, with a focus on companies that desire a true partnership approach and require both growth capital and operational guidance.
The fund is managed by Diversis’ Co-Founders and Managing Partners Ron Nayot and Kevin Ma.
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