Old Greenwich Capital Partners Launches New Venture Capital Fund
GREENWICH, CT - Old Greenwich Capital Partners (OGCP), a specialized investment manager focused on providing liquidity solutions and premium access to investment opportunities for investors in the alternative asset class, today announced the launch of its new venture capital focused fund, OGCP Ventures – a SPV Fund. With a sole focus on later-growth stage and pre-IPO companies, the fund is targeting a size of $100 million.
OGCP’s diverse investor base and network is comprised of numerous institutions such as VC and PE firms, hedge funds, family offices, and major financial institutions, as well as individual accredited investors.
“Limited access to unique opportunities is a concern I hear from investors time and time again. The purpose of creating OGCP Ventures is to solve this problem. By securing premium and unique investment opportunities, OGCP Ventures will encourage the curation of a portfolio by investors that meets their mandate” said Jeffrey Arsenault, CEO & Founder of OGCP, who has over 35 years of experience in the industry.
With regards to the fundraise, members of the OGCP team stated that they are pleased to be bringing such an offering and truly believe in the value it will bring to investors. One of the members of the team added, “It has been a long journey to create such an offering, but it is the relationships we will build with investors that excite us the most.”
Wilmer Cutler Pickering Hale & Dorr, LLP. (WilmerHale) serves as legal counsel for OGCP and OGCP Ventures.
About Old Greenwich Capital Partners
Old Greenwich Capital Partners is a NYC/CT-based firm focused on securing investment opportunities and providing liquidity in the VC space. Institutions and private investors have trusted OGCP’s judgment and acumen in the sourcing, building and distribution of investment products, as well as the co-investment partnerships established for sourcing one-off private deals. OGCP for years has built a vast network and identified what they believe is a significant and relatively underserved market opportunity. OGCP seeks to provide unique access to hard-to-source investment opportunities across private markets enabling investors to selectively build their portfolio without taking part in commingled funds or having a significant check size to commit in primary rounds. For more information, please visit www.ogcap.com.