Connecticut-based firm Brighton Park Capital Management held its $1.8 billion close of its second fund with a focus on growth-stage investments.
Brighton Park Capital Fund II is focused on growth-stage software, healthcare and tech-enabled services companies. Investors included the South Carolina Investment Commission ($75 million).
“Amid today’s uncertainties, we continue to find highly disruptive, entrepreneur-inspired growth companies,” said Mark Dzialgo, managing partner at Brighton Park. “The team at Brighton Park is committed to making a real difference in supporting the global aspirations of our portfolio companies.”
The fund close comes as the firmed hired last month Calen Angert as a partner and head of the healthcare group, and John Cordo as a principal specializing in cybersecurity. So far the firm has announced five investments this year including: TheMathCompany, HTEC Group, Darktrace, Coralogix, and a follow-on investment in AppViewX.
“Our firm’s focus on helping to build great management teams, developing innovative products and services, and providing extraordinary customer success is at the core of everything we do as a business and capital partner,” added Dzialgo in a statement.
As of yearend 2021, the firm had over $2 billion in assets under management.