Coalesce Capital Raises $900M for Inaugural Fund

Coalesce Capital, specializing in investments in human capital-driven and technology-enabled services firms, has successfully closed its debut fund, Coalesce Capital Fund I, alongside parallel vehicles, amassing a total of $900 million in capital commitments.

Exceeding initial expectations, the fund garnered significant interest from investors within a short span of nine months, surpassing its original target of $750 million. With this achievement, Coalesce now manages approximately $1 billion in regulatory assets under management (AUM).

The fund's diverse investor base includes prominent entities such as endowments, foundations, healthcare and pension systems, financial institutions, and entrepreneurs, reflecting confidence in Coalesce's investment strategy and track record. The firm has wasted no time in deploying capital, recently finalizing its maiden investment in Examinetics, a leading provider of occupational health compliance testing services.

Coalesce's successful capital raise and swift deployment of funds signal a promising trajectory for the firm as it continues to identify and nurture high-potential ventures within its target sectors.