Avenir Growth Partners, a prominent New York-based private equity firm, has recently unveiled its ambitious plan to secure $800 million for its upcoming fifth fund. This announcement comes two years after the initiation of the paperwork for its fourth fund, which ultimately garnered approximately $780 million, as revealed in a recent filing.
Avenir has a robust portfolio featuring nearly four dozen startups, with notable names such as DuckDuckGo, Flutterwave, Zetwerk, and Spinny. The firm's strategic moves and successful capital raises underscore its strong position in the competitive private equity landscape.