Pacific Avenue Capital Partners Secures $1.65 Billion for Middle Market Dominance
August 19, 2025, 9:32 am
Pacific Avenue Capital Partners has secured over $1.65 billion for Fund II. This marks a major capital injection. The fund includes a significant European sidecar. Over €100 million will target opportunities across the Atlantic. This swift fundraise completed in under four months. It demonstrates overwhelming market demand. It validates their specialized investment strategy.
The Los Angeles-based private equity firm rapidly closed its second fund. Its predecessor, Fund I, closed in April 2023. That fund raised over $500 million. Fund II’s success dramatically surpasses this earlier achievement. Growth is exponential.
Pacific Avenue specializes in corporate carve-outs. These are complex divestitures. They involve separating divisions from larger parent companies. Such situations often present operational hurdles. New, standalone systems are needed. Independent management structures must emerge. Pacific Avenue excels at this intricate separation process. They provide essential operational support. They build new infrastructure.
The firm targets the dynamic middle market. This segment offers vast opportunity. It also demands focused expertise. Pacific Avenue navigates these complexities. They identify overlooked value. They transform struggling corporate assets. They build enduring, independent businesses. Their operational prowess is key. Capital investment drives growth. Accelerated strategies unlock potential. This approach minimizes risk. It maximizes returns for investors.
Chris Sznewajs leads the firm. He is Founder and Managing Partner. His vision guides the strategy. The team boasts extensive, proven experience. They have completed over 120 transactions. More than 50 corporate divestitures are on their record. This robust track record demonstrates deep market understanding. It showcases consistent execution.
Pacific Avenue’s global reach is expanding. Offices in Los Angeles and Paris reinforce their capabilities. The European sidecar fund solidifies this international presence. It enables direct engagement with European markets. This dual presence amplifies their deal sourcing. It diversifies their investment portfolio. Europe offers distinct market dynamics. It presents varied regulatory landscapes. Pacific Avenue’s Paris office provides critical local insight.
Fund II attracted a wide array of global investors. Public pensions committed substantial capital. Consultants participated. Leading endowments and foundations joined. Insurance companies are on board. Funds of funds invested. Prominent family offices also contributed. This diverse investor base reflects widespread confidence. It signals strong belief in Pacific Avenue’s specialized approach. Investors seek predictable, strong performance. The firm's niche provides a competitive edge.
The firm now manages substantial assets. Assets Under Management (AUM) reached approximately $3.8 billion. This figure stands as of July 31, 2025. It includes the new Fund II and sidecar closings. This growth signifies a significant increase in scale.
The fundraise itself demonstrated operational excellence. Lazard served as the exclusive placement advisor. Weil, Gotshal & Manges LLP provided expert legal counsel. These partnerships ensured efficiency. They streamlined the entire process. The outcome validates Pacific Avenue’s disciplined execution.
Pacific Avenue Capital Partners remains focused on its core mission. They seek new complex situations. They will deploy capital strategically. Their aim is consistent value creation. This latest fund empowers their continued expansion. It reinforces their position as a market leader. The firm is poised for further success. It continues to redefine private equity in the middle market. Their model delivers consistent results. It attracts top-tier investors. The future appears exceptionally strong for Pacific Avenue Capital Partners. They consistently turn challenges into triumphs.
The Los Angeles-based private equity firm rapidly closed its second fund. Its predecessor, Fund I, closed in April 2023. That fund raised over $500 million. Fund II’s success dramatically surpasses this earlier achievement. Growth is exponential.
Pacific Avenue specializes in corporate carve-outs. These are complex divestitures. They involve separating divisions from larger parent companies. Such situations often present operational hurdles. New, standalone systems are needed. Independent management structures must emerge. Pacific Avenue excels at this intricate separation process. They provide essential operational support. They build new infrastructure.
The firm targets the dynamic middle market. This segment offers vast opportunity. It also demands focused expertise. Pacific Avenue navigates these complexities. They identify overlooked value. They transform struggling corporate assets. They build enduring, independent businesses. Their operational prowess is key. Capital investment drives growth. Accelerated strategies unlock potential. This approach minimizes risk. It maximizes returns for investors.
Chris Sznewajs leads the firm. He is Founder and Managing Partner. His vision guides the strategy. The team boasts extensive, proven experience. They have completed over 120 transactions. More than 50 corporate divestitures are on their record. This robust track record demonstrates deep market understanding. It showcases consistent execution.
Pacific Avenue’s global reach is expanding. Offices in Los Angeles and Paris reinforce their capabilities. The European sidecar fund solidifies this international presence. It enables direct engagement with European markets. This dual presence amplifies their deal sourcing. It diversifies their investment portfolio. Europe offers distinct market dynamics. It presents varied regulatory landscapes. Pacific Avenue’s Paris office provides critical local insight.
Fund II attracted a wide array of global investors. Public pensions committed substantial capital. Consultants participated. Leading endowments and foundations joined. Insurance companies are on board. Funds of funds invested. Prominent family offices also contributed. This diverse investor base reflects widespread confidence. It signals strong belief in Pacific Avenue’s specialized approach. Investors seek predictable, strong performance. The firm's niche provides a competitive edge.
The firm now manages substantial assets. Assets Under Management (AUM) reached approximately $3.8 billion. This figure stands as of July 31, 2025. It includes the new Fund II and sidecar closings. This growth signifies a significant increase in scale.
The fundraise itself demonstrated operational excellence. Lazard served as the exclusive placement advisor. Weil, Gotshal & Manges LLP provided expert legal counsel. These partnerships ensured efficiency. They streamlined the entire process. The outcome validates Pacific Avenue’s disciplined execution.
Pacific Avenue Capital Partners remains focused on its core mission. They seek new complex situations. They will deploy capital strategically. Their aim is consistent value creation. This latest fund empowers their continued expansion. It reinforces their position as a market leader. The firm is poised for further success. It continues to redefine private equity in the middle market. Their model delivers consistent results. It attracts top-tier investors. The future appears exceptionally strong for Pacific Avenue Capital Partners. They consistently turn challenges into triumphs.